Key Features
UK registered micro and small businesses can apply for a share of up to £500,000 to develop adoptable and investable innovations within communication networks. This funding is from the Telecoms Technology Missions Fund programme.
Programme: Innovate UK
Award: Share of up to £500,000
Opens: 1st May 2024
Closes: 12th Jun 2024
Innovate UK is offering UK registered micro and small businesses a share of up to £500,000 in grants. In addition to the grant support, you will be offered tailored business support delivered by Innovate UK Business Growth.
The aim of this competition is to provide a package of targeted support to enable ambitious UK registered micro and small businesses to develop affordable, adoptable and investable innovations in the domain of communication networks.
Your project must provide innovation in how digital communications are facilitated or optimised toward a specific challenge.
In your application, you must demonstrate that you:
Innovate UK are particularly interested in how your proposal will help you:
Portfolio approach
Innovate UK want to fund a variety of projects across:
Innovate UK call this a portfolio approach.
Your project must focus on one or more of the following:
Your project must:
Projects must always start on the first of the month and this must be stated within your application. Your project start date will be reflected in your grant offer letter if you are successful.
You must only include eligible project costs in your application. If you exceed the total project costs of £50,000 you will be ineligible and your application will not be sent for assessment. If your grant funding request does not equal your total project costs you will be ineligible and your application will not be sent for assessment.
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.
Lead organisation
To lead a project your organisation must be a UK registered micro or small business.
If your business has been funded directly by Innovate UK previously, you are not eligible to apply for this competition. If however you have received funding directly from Innovate UK Business Growth (previously Innovate UK EDGE) or a Catapult scheme, you are still eligible to apply for this competition.
Businesses with directors who have previously received a grant or Innovation Loan from Innovate UK as part of a different company, are eligible to apply but will be considered on a case by case basis.
A business with a previous award to a parent or subsidiary would also be eligible to apply, but the parent company must be classified as a micro or small business. Applications will be considered on a case by case basis.
If you are unsure, contact our customer support team by email at least 10 working days before the submission deadline.
Subcontractors
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 also provide a detailed rationale, evidence of the potential UK contractors you approached and the reasons why they were unable to work with you.
Innovate UK expect all subcontractor costs to be justified and appropriate to the total eligible project costs. Innovate UK will not accept a cheaper cost as a sufficient reason to use an overseas subcontractor.
Number of applications
An eligible UK business can submit one application only. We will only award grant funding to one project per business.
Use of animals in research and innovation
Innovate UK expects and supports the provision and safeguarding of welfare standards for animals used in research and innovation, according to best practice and up to date guidance.
Applicants must ensure that all of the proposed work within projects, both that in the UK and internationally, will comply with the UKRI guidance on the use of animals in research and innovation.
Any projects selected for funding which involve animals will be asked to provide additional information on welfare and ethical considerations, as well as compliance with any relevant legislation as part of the project start-up process. This information will be reviewed before an award is made.
You can use a previously submitted application to apply for this competition. This means you can submit an application that was unsuccessful in one previous competition.
Innovate UK are not funding projects that:
Innovate UK cannot fund projects that:
Innovate UK have allocated up to £500,000 to fund innovation projects in this competition.
Your total project costs will be 100% funded. Total project costs detailed within your application must not exceed the maximum project size. If your total project costs are below the minimum of £25,000 or exceed the maximum of £50,000 then your application will be made ineligible.
You can make reference to any additional voluntary contribution in your application answers. It must not be detailed in the finance section.
Innovate UK will aim to pay:
For more information on company sizes, please refer to the Company accounts guidance.
Book an appointment to speak to one of our advisors to discuss your eligibility to apply for this Grant Funding opportunity.