The new Transformative Technologies competition offers up to £20m of funding specifically targeted at small and micro businesses in the UK that have never been funded by Innovate UK before.
Rapid funding of £25-50k for 3-6 month projects.
This is ambitious support with funding awarded in advance of projects starting. The focus is on technologies that are transforming the future of our society and economy: Semiconductors, Future Telecoms, AI, Engineering Biology, Quantum and Sustainable Materials & Manufacturing.
The funding will allow small and micro companies throughout the UK to accelerate the development of the products, services and systems that will underpin our future economy.
Competition opens: 20th February
Competition closes: 29th March