Innovate UK Grant Funding Competitions

Innovate UK have launched a number of funding competitions to help tackle industry challenges ranging from Quantum Networks to industrial sustainability.

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

SBRI: Quantum Networks, Enabling Components & Systems

Organisations can apply for a share of up to £10 million, inclusive of VAT, to develop enabling components and systems for quantum network technologies.

  • Competition opens: Monday 19 June 2023
  • Competition closes: Monday 31 July 2023 11:00am

Knowledge Asset Grant Fund: Extend, Autumn 2023

Eligible UK public sector organisations can apply for up to £250,000 from the Knowledge Asset Grant Fund in this strand. The funding will aid exploitation of intangible assets that have a broader application or client base than their owner organisation.

  • Competition opens: Friday 16 June 2023
  • Competition closes: Thursday 7 September 2023 11:00am

SBRI: FOAK 2023 – Reliable and Maintainable Assets Rail Demonstrations

Organisations can apply for a share of £5.3 million, inclusive of VAT, across 3 themes, to develop a prototype and undertake field testing for up to 12 months. The focus for First of a Kind 2023 is cost efficiency and increasing value for money.

  • Competition opens: Thursday 15 June 2023
  • Competition closes: Wednesday 26 July 2023 11:00am

Innovate UK Smart grants: June 2023

UK registered organisations can apply for a share of up to £25 million for game changing and commercially viable R&D innovations that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation.

  • Competition opens: Thursday 15 June 2023
  • Competition closes: Wednesday 27 September 2023 11:00am

Ofgem Round 3: Call for Ideas

This Call for Ideas is delivered in partnership with Ofgem. Future funding may be available from the Ofgem Strategic Innovation Fund. The fund aims to deliver net zero at lowest cost to consumers and support innovative businesses to grow and scale.

  • Competition opens: Thursday 1 June 2023
  • Competition closes: Monday 21 August 2023 11:00am

India – UK Collaborative R&D for industrial sustainability

UK registered organisations can apply for a share of up to £5 million to develop innovative proposals with India. This funding is from Innovate UK.

  • Competition opens: Wednesday 31 May 2023
  • Competition closes: Wednesday 6 September 2023 11:00am