The future economy investor partnership programme brings together Innovate UK’s expertise in identifying innovation and using grant funding to change the risk profile of businesses, and investor partners’ aligned funding and expertise in identifying opportunities and teams that can best use extra investment finance.
This approach aims to provide you with support for research and development and access to the capital investment you need to develop and commercialise your innovations.
Your project’s total costs will depend on your research category and must be between £50k and £300k for feasibility studies; between £100k and £1m for industrial research; or between £250k and £2m for experimental development. The aligned investment led by the investor partner must always be at least equal to the grant funding (i.e. grant funding can cover at most 50% of costs).
To apply your organisation must:
- be a UK registered micro, small or medium sized business (SME)
- carry out its project work in or from the UK
- intend to exploit the results in or from the UK
- have discussed and agreed your proposal with your investor partner before submitting your application
Click here to find out more and apply, including details of how Innovate UK KTN can connect you with an approved investor partner.