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UK registered micro and small businesses in the creative industries sector, can apply for funding up to £50,000 with a package of support to grow their business.
Innovate UK, part of UK Research and Innovation, will invest up to £10 million in innovation projects. This funding is part of the Creative Catalyst.
The aim of this competition is to support business innovation within the creative industries by providing a package of targeted and continuous support to help businesses to grow.
Funding available
Up to £10 million has been allocated to fund innovation projects in this competition.
You can claim 100% of your eligible project costs up to the maximum of £50,000.
If successful, your grant will be released in instalments:
The aim of this competition is to support business innovation within the creative industries, by providing a package of targeted and continuous support to help businesses to grow.
Your project must:
We encourage proposals that can demonstrate benefit to the wider creative Industries subsector or regional cluster for example:
This list is not exhaustive and innovations from across the creative industries are welcome.
The creative industries are defined by the Department for Digital, Culture, Media and Sport (DCMS). Your project must focus on one or more of the following subsectors:
Your project must:
You must only include eligible project costs in your application.
Under current restrictions, this competition will not fund any procurement, commercial, business development or supply chain activity with any Russian or Belarusian entity as lead, partner or subcontractor. This includes any goods or services originating from a Russian or Belarusian source.
You will be made ineligible if you exceed the Minimal Financial Assistance limit. You must submit a complete declaration as part of your application.
To lead a project your organisation must:
Subcontractors are allowed in this competition.
Subcontractors can be from anywhere in the UK and you must select them through your usual procurement process.
You can use subcontractors from overseas but must make the case in your application as to why you could not use suppliers from the UK.
You must provide a detailed rationale, evidence of the potential UK contractors you approached and the reasons why they were unable to work with you. We will not accept a cheaper cost as a sufficient reason to use an overseas subcontractor.
All subcontractor costs must be justified and appropriate to the total project costs.
An eligible business can only submit one application.
2 December 2022 - Online briefing event: watch the recording
5 December 2022 - Competition opens
15 February 2023 11:00am - Competition closes
19 April 2023- Applicants notified
Click here to discuss your application with one of our expert grant bid writers or visit Innovate UK to find out more.
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Please contact us to discuss how working with Myriad Associates can maximise and secure R&D funding opportunities for your business.
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