- By Buckinghamshire Business First
- 3 December, 2024
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Funding themes include innovative R&D, AI upskilling, life sciences manufacturing, overseas collaborations, digital therapeutics for mental health, and more.
Innovation loans from Innovate UK
Innovate UK is offering up to £25 million in loans to micro, small and medium sized enterprises (SMEs). Innovate UK innovation loans are for highly innovative late stage research and development (R&D) projects with the best potential for the future. Businesses can apply for loans for innovative projects with strong commercial potential to significantly improve the UK economy.
Deadline: 12 noon on Wednesday 8th January 2025
Innovate UK Smart grants
Organisations can apply for a share of up to £15m for game-changing and commercially viable R&D innovations that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation.
Deadline: 11am on Wednesday 22nd January 2025
AI solutions to develop AI competencies in key sectors
Apply for a share of up to £2 million for Artificial Intelligence (AI) solutions to support AI upskilling and developing responsible and ethical AI personalised learning solutions in the key sectors of construction, transport and logistics, creative industries, and agriculture and food processing. This funding is from Innovate UK.
Deadline: 11am on Wednesday 29th January 2025
Life Sciences Innovative Manufacturing Fund
This capital grants fund aims to build resilience for future health emergencies and capitalise on the UK’s world-leading R&D capabilities by investing in projects that help increase UK health resilience, such as the manufacture of human medicines and medical technology (including diagnostics, and MedTech products). This is a new fund from previous UK Government Life Sciences manufacturing funds.
Applications will undergo assessment in quarterly rounds until all the funding has been allocated:
- Round 1 closed on 29th November 2024
- Round 2 opens on 1st February 2025 and closes on 28th February 2025
- Round 3 opens on 1st May 2025 and closes on 30th May 2025
- Round 4 opens on 1st August 2025 and closes on 29th August 2025
Quantum Missions pilot: Quantum Computing and Quantum Networks
Innovate UK will invest up to £9.5 million for Quantum Computing (QC) and Quantum Networks (QN) projects, with the aim of accelerating the QC and QN technologies by increasing their capabilities and removing technological barriers to their commercialisation and adoption.
Deadline: 11am on Wednesday 11th December 2024
Mindset extended reality (XR): Digital therapeutics for mental health
Businesses can apply for a share of up to £3.7 million for R&D projects that provide digital therapeutics for mental health solutions. This funding is from Innovate UK.
Deadline: 11am on Wednesday 15th January 2025
Design Foundations funding
Innovate UK will invest up to £2 million in innovation projects that use people-centred and systemic design methods. These will lay foundations for innovative ideas that can deliver significant benefits to people, the planet, and society as a whole.
Deadline: 11am on Wednesday 15th January 2025
Canada-UK Collaborative R&D
UK-registered organisations can apply for a share of up to £3 million for collaboration with Canadian SMEs on joint R&D projects.
Deadline: 11am on Wednesday 16th April 2025
Looking for more funding opportunities?
Visit the Funding and Finance section of our website to see what else is available, or contact our Business Support Team to talk through your potential options. Email [email protected] or call 01494 927130.
