Innovate UK, part of UK Research and Innovation (UKRI), will invest up to £10 million in successful applicants in this competition. This is subject to a sufficient number of high quality applications being received. The aim of this competition is to support early stage innovation in the intersection of high growth potential Createch and the Industrial Strategy Frontier industries. This funding is to develop innovations beyond proof of concept, de-risking future investment and supporting long term sector growth. In applying to this competition, you are entering into a competitive process. This competition has a funding limit, so we may not be able to fund all the proposed projects. It may be the case that your project scores highly but we are still unable to fund it. Our experience from similar competitions suggests that you could have 10% chance of success. We consider a range of factors when determining whether to provide funding to applicants. This includes an assessment of prior conduct, such as any outstanding payments owed to Innovate UK or UKRI. Such factors may influence the funding decision, potentially resulting in a refusal of funding or an award subject to additional scrutiny. We also reserve the right to adjust funding allocations for any of our competitions. This may be in response to changes in policy, portfolio funding considerations or broader government funding decisions. This competition closes at 11am UK time on the deadline stated in this Innovate UK competition brief . We cannot guarantee other government or third party sites will always show the correct competition information.
