Innovate UK, as part of UK Research and Innovation, have launched a competition for grant funding to 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.
The competition seeks innovation which tackles the new or emerging societal or industry needs in the wake of the Covid-19 pandemic, including but not exclusively:
- community support services
- couriers and delivery (rural and/or city based)
- education and culture
- entertainment (live entertainment, music, etc)
- financial services
- food manufacture and processing
- personal protection equipment
- remote working
- social care
- sport and recreation
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 the Covid-19 pandemic.
You can claim 100% of your project costs up to a maximum of £50,000. These will be paid in advance of the project start date.
Entry for this competitive funding closes at midday on Friday 17th April 2020.