Business-led innovation funding competition in response to the Covid-19 pandemic

Business-led innovation funding competition in response to the Covid-19 pandemic

Competition closes: Friday 17 April 2020 12:00pm

UK registered businesses can apply for a share of up to £20 million to respond to new and urgent needs in UK and global communities during and following the Covid-19 pandemic.

Innovate UK, as part of UK Research and Innovation, will 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.

Applications 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.

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 Covid-19 pandemic.

You can claim 100% of your project costs up to the maximum of £50,000. These will be paid in advance of the project start date.

Source: GOV.UK