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Funding options for your business
Apply for innovation funding
Access Innovate UK grants and competitions for research, development, and game-changing technologies.
UK-wide
Guide summary
You can apply for funding from Innovate UK for business projects that develop new products, processes, or services. You will usually need to contribute 30-70% of the project costs yourself.
- Apply for grants, loans, or competition funding
- Funding ranges from £25,000 to over £2 million
- Expect to contribute 30-70% of project costs
- Apply through specific competitions announced regularly
- Show a clear, new idea, not just an improvement
- Demonstrate market potential for your innovation
- Explain how you will sell your product or service
- Ensure technical details are strong for expert assessors
On this page
UK-wide
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Innovate UK is the UK's innovation agency, running hundreds of funding competitions each year for businesses developing innovative products, processes, or services.
Types of funding available
Funding ranges from small 'smart grants' for feasibility studies to multi-million pound collaborative R&D projects. Some are sector-specific (e.g., clean energy, health), others are open to all innovations.
What makes a strong application
Successful applications clearly demonstrate innovation (not just improvement), market potential, and a viable route to commercialization. Technical detail matters - assessors are experts in their fields.