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Innovate UK Launches Round 3 of £15m Infrastructure Systems Grant

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Innovate UK will invest in projects that stimulate innovation in infrastructure systems that provide critical services for the economy, environment and society, and create growth for UK businesses. There is up to £5 million for projects that last between 3 and 12 months. Up to £10 million is available for projects that last up to 3 years, with costs between £100,000 and £5 million inclusive.

The £15m grant funding pot that looks to support projects in the following key priority areas:-

  • ‘smart’ infrastructure
  • energy systems (including nuclear fission and offshore wind)
  • connected transport
  • urban living 

Key information:

  • Innovate UK grant funding is non-repayable, and they do not take any equity, IP or commercial rights over your project.
  • Funding is available for testing the feasibility of your idea (including proof of market), research and developing it or demonstrating it in a prototype.
  • Project value: £25k to £5m depending on type of R&D undertaken.
  • Project duration: 6 to 36 months.
  • Micro/small business receive up to 70% of project costs, Medium up to 60% and Large businesses receive up to 50% dependant on stage of research/development.
  • Application deadline is 12pm on Wednesday 13th September 2017 with funding made available from around September 2017 onwards.

If you have a project that you think will be eligible for Innovate UK funding then feel free to get in touch.  As leading bid writing specialists, we will be able to assess your chances of success and tell you more details about this competition.

Further details can be found on the Innovate UK website.

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