UK registered micro, small and medium enterprises in the creative sector can apply for funding of between £10,000 and £30,000 for innovation projects to grow their business.
Programme: Innovate UK
Award: Share of up to £30,000
Opens: 28th Nov 2022
Closes: 8th Feb 2003
Innovate UK, part of UK Research and Innovation, is to invest approximately £3 million in innovation projects. This funding is from the Department for Digital, Culture, Media & Sport (DCMS) Create Growth Programme for the six appointed regions in England. The six regions are:
The aim of this competition is to provide a package of targeted support to high growth creative businesses, to scale, build investor networks and reach their potential.
This funding is designed to help creative businesses explore new innovation projects as a stimulus for growth.
Your proposal must:
Your project must:
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 sub-sectors:
Creative industry businesses refer to those with a high intensity of creative occupations. You can refer to the DCMS Economic Estimates for a list of the sub-sectors and their associated SIC codes, that DCMS classifies under the creative industries.
Your project must:
If your project’s end date falls outside of our eligibility criteria, you must provide justification by email to email@example.com at least 10 working days before the competition closes. Innovate UK will decide whether to approve your request. If you have not requested approval or your application has not been approved by us, you will be made ineligible. Your application will then not be sent for assessment.
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 and Belarusian entity as lead, partner or subcontractor. This includes any goods or services originating from a Russian and Belarusian source.
To lead a project your organisation must:
Subcontractors are allowed in this competition.
You can only apply for this competition once.
You cannot use a previously submitted application to apply for this competition.
Innovate UK are not funding projects:
Innovate UK cannot fund projects that are:
Innovate UK have allocated approximately £3 million to fund growth focused innovation projects in this competition.
You can claim 100% grant of between £10,000 to £30,000 for your eligible project costs in this competition.
If successful, your grant will be released in instalments:
For more information on company sizes, please refer to the Company accounts guidance. This is a change from the EU definition unless you are applying under European Commission De minimis.
If you are applying for an award funded under European Commission Regulations, the definitions are set out in the European Commission Recommendation of 6 May 2003.
Book an appointment to speak to one of our advisors to discuss your eligibility to apply for this Grant Funding opportunity.