Fast Start: Innovation UK registered small and micro businesses can apply for a share of up to £30 million for affordable, adoptable and investable innovations in net zero and Healthcare. Eligibility This competition is open to single applicants only. To lead a project your organisation must: be a UK registered micro or small business not have previously been awarded funding from Innovate UK carry out its project work in the UK intend to deliver the proposed outcomes from the UK for domestic or global benefit Opening soon Opens: 11 July 2022 Closes: 26 July 2022
Programme: Innovate Uk
Innovate UK is offering small and micro businesses a share of up to £30 million in grants alongside tailored business support delivered by Innovate UK EDGE. You can apply for up to £50,000 for highly innovative ideas that have a clear route to commercialisation through business growth.
Your project must lead to new products, processes or services that are significantly ahead of others currently available, or propose an innovative use of existing products, processes or services. It can also involve a new or innovative business model.
In your application, you must be able to show that you:
Your idea must focus on either achieving net zero or self-driven healthcare, and how new technology can enable affordable, adoptable and investable innovations in these areas. We are particularly interested in proposals which will help you:
Innovate UK runs many different competitions, and each will have different eligibility and scope requirements. The guidance in this competition brief will always supersede any other guidance. If you are unsure or have any questions, please contact our Customer Support Service who will assist you further.
In applying to this competition, you are entering into a competitive process. This competition closes at 11am UK time on the deadline stated.
Your project’s total costs must be between £25,000 and £50,000.
Your project must:
You must only include eligible project costs in your application. If you exceed the total project costs of £50,000 you will be ineligible and your application will not be sent for assessment.
Under current restrictions, this competition will not fund any procurement, commercial, business development or supply chain activity with any Russian entity as lead or subcontractor. This includes any goods or services originating from a Russian source.
You will be made ineligible if you exceed the Minimal Financial Assistance limit. You must submit a completed declaration as part of your application.
To lead a project your organisation must:
Up to £30 million has been allocated to fund innovation projects in this competition. Each organisation can apply for a grant of between £25,000 and £50,000.
You can claim 100% of your eligible project costs up to the maximum of £50,000. We will aim to pay:
If you are applying for an award funded under European Commission Regulations, the definitions are set out in the European Commission Recommendation of 6 May 2003.