Funding Competition : Business-led innovation in response to global disruption (de minimis)

Tender description

Innovate UK, as part of UK Research and Innovation, will invest up to £20 million in innovation projects. The aim of this competition is to support UK businesses to focus on emerging or increasing needs of society and industries during and following the Covid-19 pandemic. By fast-tracking innovation, the UK will be better placed to maintain employment levels, a competitive position in global markets and make the UK more resilient to similar disruption. Your application must demonstrate both realistic and significant benefits for society (including communities, families and individuals) or an industry that has been severely impacted and/or permanently disrupted by the Covid-19 pandemic. Your proposal must focus on a clear need and the proposed innovation to address it. You must have the ability to deliver the project during the working restrictions of Covid-19 pandemic. You can claim 100% of your project costs up to the maximum of £50,000. These will be paid in advance of the project start date. We intend to monitor and review projects during implementation with a view to providing follow-on funding and support for those with the most potential for impact. The competition closes at midday 12pm UK time on the deadline stated.