Knowledge Asset Grant Fund: Explore UK public sector organisations can apply for a share of up to £2.9 million to better exploit high-potential intangible assets. This funding is from the Knowledge Asset Grant Fund programme and delivered by the Government Office for Technology Transfer. Eligibility Competition is open to single applicants only. To lead a project your organisation must be; a UK public sector organisation, headed by an Accounting Officer responsible for upholding Managing Public Money (MPM), the primary beneficiary of any revenue-generating potential created by the funded activities.

Programme: Innovate Uk


Opens: 15 July 2022

Closes: 15 December 2022


The Knowledge Asset Grant Fund (KAGF) programme is run by the Government Office for Technology Transfer (GOTT) and funded by the Department for Business, Energy and Industrial Strategy (BEIS).

The programme has £13 million funding available over 3 years with £2.9 million allocated to this financial year.

Innovate UK are administering this competition using their online competition platform on behalf of GOTT.

The aim of this competition is to support the identification and development of public sector knowledge assets, including their repurposing, commercialisation or expanded use. These assets may include intellectual property, data, innovation, software and knowhow. This competition is split into 3 strands:

It is your responsibility to ensure you are applying to the correct strand for your project. You will not be able to transfer your application and it will not be sent for assessment if it does not meet the eligibility criteria.

In applying to this competition, you are entering into a competitive process. We strongly recommend watching our video explaining the eligibility and scope criteria, submitting your application, your finances, assessment and what happens if you are successful.

You can submit your application for assessment at any time before 11am UK time on the final submission date stated.

Submitted applications will be sent for assessment at 11am UK time on the following dates:

  • 18 August 2022 - First submission
  • 13 October 2022 – Second submission
  • 15 December 2022 - Final submission date
Applications submitted after 11am on the first two dates will be sent for assessment on the next date.

Funding type


Project size

Your project’s grant funding request must be up to £25,000.

Who can apply

Your project

Your project must:

  • have a grant funding request up to £25,000
  • start after 1 October 2022
  • last between 2 and 18 months
  • end by 31 March 2024
  • generate social, financial or economic benefits to the UK
  • seek funding to develop a knowledge asset or assets that are majority owned by the UK government organisation applying for funding

All awards granted in 2022 must spend at least 50% of the funding awarded by 31 March 2023.

Awards granted in 2023, must spend at least 50% of the funding awarded by 30 June 2023.

You must only include eligible project costs in your application.

Under current restrictions, this competition will not fund any procurement, commercial, business development or supply chain activity with any Russian entity as lead, partner or subcontractor. This includes any goods or services originating from a Russian source.

The Knowledge Asset Grant Fund support is for the development of existing assets. Assets do not have to be potentially revenue-generating to attract funding.

If you are unsure if your project is eligible, email and the team can advise.

Lead organisation

To lead a project your organisation must be:

  • a UK public sector organisation
  • headed by an Accounting Officer responsible for upholding Managing Public Money (MPM)
  • the primary beneficiary of any revenue-generating potential created by the funded activities

This includes but is not limited to:

  • central UK government departments,
  • non-departmental public bodies (NDPB)
  • arm’s length bodies
  • public sector research establishments (PSREs)
  • NHS trusts

Your organisation must have approval from a Senior Civil Servant or equivalent, with the appropriate budget delegation from their accounting officer, up to and including the value of the grant being sought.

Academic institutions, cannot lead.


Subcontractors are allowed in this competition.

All subcontractor costs must be justified as to why external expertise is needed and is appropriate to the total eligible project costs. It is your organisation’s responsibility to ensure compliance with public law and usual procurement practices. Any spend of the grant fund must follow the existing commercial arrangements of your organisation, and Crown Commercial rules.

You can use subcontractors from overseas but must make the case in your application as to why you could not use suppliers from the UK. You must provide a detailed rationale, evidence of the potential UK contractors you approached and the reasons why they were unsuitable or unable to work with you..

Number of applications

A public sector organisation can lead on any number of applications for different projects.

Previous applications

You can use a previously submitted application to apply for this competition,

provided it has been improved based on the feedback you will have received.

We will not award funding if you or your organisation have failed to:

  • complete and return a Knowledge Asset Grant final report following the conclusion of a project previously funded under the KAGF
  • comply with grant terms and conditions for a project previously funded under KAGF

If others in your organisation have previously not met these criteria after being awarded funding, we reserve the right to not award funding until this is addressed.

Subsidy control (and State aid where applicable)

This competition provides funding in line with the UK's obligations and commitments to Subsidy Control. Further information about the UK Subsidy Control requirements can be found within the EU-UK Trade and Cooperation agreement and the subsequent guidance from the department of Business, Energy and Industrial Strategy (BEIS).

It is not possible to award funding to organisations that are considered to be in financial difficulty. We will conduct financial viability and eligibility tests to confirm this is not the case following the application stage.

EU State aid rules now only apply in limited circumstances. Please see our general guidance to check if these rules apply to your organisation.

Further Information

If you are unsure about your obligations under the UK Subsidy Control regime or the State aid rules, you should take independent legal advice. We are unable to advise on individual eligibility or legal obligations.

You must at all times make sure that the funding awarded to you is compliant with all current Subsidy Control legislation applicable in the United Kingdom.
This aims to regulate any advantage granted by a public sector body which threatens to, or actually distorts competition in the United Kingdom or any other country or countries.

If there are any changes to the above requirements that mean we need to change the terms of this competition, we will tell you as soon as possible.


Up to £2.9 million has been allocated to fund innovation projects in this competition. Funding will be in the form of a grant.

Your project could get up to 100% funding for eligible project costs.

If successful, your award will be finalised pending receipt of a grant agreement. This must be signed by the Senior Officer Responsible with the appropriate delegation from their Accounting Officer, up to the full cost of your project or grant applied for, whichever is larger.

Your grant agreement will also commit you to apply trusted research principles in this project as a condition of grants offered by BEIS.

Make An Enquiry
Live chat
Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.