New innovation grant opens for applications

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Date: 7 April 2020

Women writing on a window covered in sticky notes with a coloured pen

UK-registered businesses are being invited to apply for a share of £20 million in grant money to respond to new and urgent needs during and following the COVID-19 pandemic.

Innovate UK, as part of UK Research and Innovation, is investing up to £20 million in innovation projects. The aim of the competition is to support UK businesses to focus on emerging or increasing needs of society and industries during and following the COVID-19 pandemic.

Applications must demonstrate "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 coronavirus pandemic.

The proposal must focus on a clear need and the proposed innovation to address it and organisations that apply must have the ability to deliver the project during the working restrictions of the pandemic.

Successful applicants will be able to claim 100% of their project costs up to the maximum of £50,000. These will be paid in advance of the project start date. The project's total eligible costs must be between £25,000 and £50,000. Applications must be submitted by 17 April 2020 at 12pm.

Dr Ian Campbell, executive chair of Innovate UK, said: "The COVID-19 situation is not just a health emergency, but also one that effects the economy and society. With that in mind, Innovate UK has launched this rapid response competition today seeking smart ideas from innovators."

Innovate UK says it will monitor and review projects during implementation with a view to providing follow-on funding and support for those with the most potential for impact.

Written by Rachel Miller.

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