Innovate UK will work with the Welsh Government to invest up to £1.5 million in innovation projects. This funding is from Innovate UK’s Launchpad programme.
The aim of this competition is to provide a package of targeted support to enable ambitious UK registered micro and small businesses to develop highly innovative ideas that have a clear route to commercialisation and business growth. In addition to grant support, you will be offered tailored business support delivered by local business innovation experts and Innovate UK Business Growth.
The businesses will use the funding to grow their innovation activities in net zero industry in South West Wales, both during and after the project. Your project’s total costs and grant funding request must be between £25,000 and £50,000.
The competition closes at 11am on 19 June 2024.
For further information please select the following link: Competition overview - New Innovators in net zero industry, South West Wales - Innovation Funding Service (apply-for-innovation-funding.service.gov.uk)
Innovate UK have a wide range of funding opportunities open to Welsh business to innovate and invest in RD&I.
The Welsh Government Innovation team can help you to access this funding and further support your business: Business Wales Events Finder - CRISP24 - On-Line Innovation Support Meeting (business-events.org.uk)