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Innovation loans to demonstrate infrastructure systems

Small or medium-sized enterprises (SMEs) working on late-stage infrastructure systems projects can apply for a share of £10 million in a pilot loans competition – the first opportunity to access Innovate UK’s new alternative financial support scheme.

The growing, ageing population, increased urbanisation and urgent need to reduce carbon emissions calls for new and novel infrastructure solutions.

Demonstrator projects must be in one of Innovate UK’s priority areas.

These are:

  • smart infrastructure, adding intelligence to improve physical infrastructure or the design process

  • energy supply and systems, specifically improving the value proposition, affordability, emissions and security of energy

  • connected transport, looking at solutions that move people and goods more efficiently and sustainably, and make transport more secure, user-centric and accessible

  • urban living, addressing the challenges people face in urban areas in order to improve user experience and lower costs

This could be:

  • ‘hard’ systems, such as energy, transport, waste, water and communication

  • ‘soft’ systems, such as security, law and justice (for example, public order and safety), health, wellbeing, social care and education

  • ‘environmental’ systems such as green spaces and waterways

The deadline for registration is 10 January 2018.

For further information please visit the GOV.UK website.

Innovation can help your business become more competitive, increase sales and enter new markets, find out how by visiting the Business Wales Innovation pages.

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