This programme brings together Innovate UK’s use of grant funding, and investor partners’ aligned funding and expertise. Its aim is to stimulate research and development in micro, small and medium-sized enterprises, while accelerating equity investment into those companies so that they can grow more rapidly through innovation.
If you have a highly innovative micro, small and medium-sized enterprise and you are carrying out research and development, you can participate in the programme as follows:
- work with Innovate UK Edge to find out if your business is suitable and ready to take on external investment
- engage with the investor partners to find a suitable investor
- the investor partner would then submit an expression of interest in grant funding, where they will describe your proposed research and development project, and set out their possible interest in making an investment.
Grant funding from the future economy investor partnership competitions can be used for research and development projects that are classed as feasibility studies, industrial research or experimental development. In order to receive grant funding, you must also receive aligned investment from (or led by) one or more of the investor partners.
Focus of fund/fund aims:
Grant funding from Innovate UK aligned with equity investment from partner organisations to support highly innovative SMEs that are carrying out research and development
Application deadline:
Ongoing