Funding competition: open programme round 2 (2016)

UK businesses can apply for a share of up to £15 million to deliver transformational innovations with potential for impact on the UK economy.

Innovate UK is to invest up to £15 million in innovative research and development projects that will turn innovation excellence into economic impact for the UK.

The aim of this competition is to help businesses develop new products, processes and services with commercial potential. Proposals should demonstrate disruptive and/or cutting-edge innovations. Businesses should demonstrate evidence-based ambition and potential for return on investment, growth and scale-up, preferably with access to global markets.

To be in scope, total costs for the project must be between £25,000 to £1 million. Projects should last between 6 months to 36 months.

The competition is open to businesses of any size. You can work individually or collaboratively.

The competition opens on 5 December 2016

You must register before midday on 1 February 2017

You must apply before midday on 8 February 2017

Attend the briefing event on 8 December 2016 (more information to follow)

Register and apply online. (The registration link will be available once the competition opens.)

Not right for your innovation project? View other Innovate UK funding competitions.