Only the most cutting-edge or disruptive ideas and concepts will qualify. Applications for funding can range from £25,000 - £2,000,000 and projects must have a view to commercialisation. The open competition welcomes applications from businesses within any area of technology, science or engineering, including arts, design, media or creative industries.
Grant funding from Innovate UK is non-repayable, and they do not take any equity, IP or commercial rights over your project. As you can imagine this leads to high levels of competition and only the most outstanding applications receive funding.
You can find full details can be found via the below link;