Innovate UK Grant Funding Competitions

Innovate UK have launched a number of funding competitions to help tackle industry challenges ranging from Semiconductor Manufacturing to Net Zero.

A selection of the current funding competitions are outlined below, the full list can be found on the Innovate UK website.

If you are interested in applying for an Innovate UK grant and require assistance, please talk to our Business Ready team on 02476 323121 or email businessready@uwsp.co.uk.


Innovate UK Investor Partnerships: SME round 5

UK registered businesses can apply for grant funding alongside private investment from selected investor partners.

  • Competition opens: Thursday 26 October 2023
  • Competition closes: Monday 8 January 2024 11:00am

Innovate UK Fast Start Net Zero Living Digital

UK registered small and micro businesses can apply for a share of up to £2 million to develop data driven digital applications solving challenges in delivering net zero. This funding is from Net Zero Living and Telecoms Technology Missions Fund programmes.

  • Competition opens: Tuesday 2 January 2024
  • Competition closes: Wednesday 24 January 2024 11:00am

Improving and Scaling-up Semiconductor Manufacturing – CR&D

UK registered businesses can apply for up to £12 million as part of a collaborative research & development drive into ways to improve and scale up semiconductor manufacture and improve supply-chain resilience within the UK.

  • Competition opens: Monday 4 December 2023
  • Competition closes: Wednesday 31 January 2024 11:00am

Transport Decarbonisation Demonstrators

UK registered businesses can apply for a share of up to £2 million to work with Local Authorities to develop place-based solutions to transport decarbonisation. This funding is from the Department for Transport (DfT).

  • Competition opens: Monday 27 November 2023
  • Competition closes: Monday 8 January 2024 11:00am

Innovate UK innovation loans future economy: round 12

UK registered businesses can apply for loans for innovative projects with strong commercial potential to significantly improve the UK economy.

  • Competition opens: Thursday 9 November 2023
  • Competition closes: Wednesday 10 January 2024 11:00am