Innovate UK
The UK's national innovation agency, funding business-led innovation through grants and loans.
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Active schemes
Published & reviewed
Public agency
Organisation type
UK
Coverage
Official
Source
Verified provider
Overview
Innovate UK is the UK's national innovation agency, part of UK Research and Innovation (UKRI). It funds business-led innovation projects across every sector, helping companies de-risk R&D, scale new technology and bring novel products and services to market.
What they fund
- Industrial research and experimental development projects
- Late-stage commercialisation and pre-launch scale-up
- Collaborative R&D between businesses, universities and catapults
- Knowledge Transfer Partnerships (KTPs) with academic institutions
- Sector-specific challenge funds (net zero, health, AI, advanced manufacturing)
Typical applicant
UK-registered businesses of any size with a defensible technology, IP position and a credible route to commercial impact. Most awards go to SMEs leading collaborative consortia, though large companies and research organisations can participate as partners.
Funding instruments
Application routes
- Smart Grants (open, sector-agnostic competitions)
- Themed challenge calls (e.g. Faraday Battery, Net Zero Innovation)
- KTPs administered jointly with academic partners
- Innovation Loans for commercialisation-stage R&D
Active funding from Innovate UK
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About the provider
The UK's national innovation agency, funding business-led innovation through grants and loans.