Key Features
UK registered businesses can apply for a share of up to £2 million for projects that grow activities in the bio-based manufacturing innovation cluster in Scotland. This Minimal Financial Assistance (MFA) funding is from Innovate UK.
Programme: Innovate UK
Award: Share of up to £2 million
Opens: 30th Oct 2023
Closes: 13th Dec 2023
Innovate UK, part of UK Research and Innovation, is to invest up to £2 million in innovation projects.
The funding will support projects across the three Launchpad competition strands that target the innovation cluster in Scotland.
The aim of this competition is to support outstanding innovation projects led by businesses. Your business must be active or growing work activities in the bio-based manufacturing innovation cluster in Scotland.
The geographical requirement is set to align this competition to the Government’s goals in the Levelling Up White Paper.
Your project must contribute to Scotland’s industrial biotechnology strategy and ambitions to grow related company turnover in this sector beyond £1.2 billion by 2026.
Your project must focus on one or more of the following:
Your project must lead to increased investment into research and innovation. It must contribute to growing business activities and economic impact in the cluster.
Your proposal must explain how your team and project will contribute to equality, diversity and inclusivity (EDI) in the cluster.
Portfolio approach
We want to fund a variety of projects across different durations, locations, and themes. We call this a portfolio approach.
In support of the Government’s Levelling Up goals, we reserve the right to prioritise projects that:
Your project can focus on one or more of the following:
This list is not exhaustive. Where you can show your proposal fits within the scope of this competition you can focus on other themes.
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.
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.
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:
More information on the different types of organisation can be found in our Funding rules.
Subcontractors
Subcontractors are allowed in this competition. Their contribution must add to the innovation led growth of the cluster.
Subcontractors can be from anywhere in the UK and you must select them through your usual procurement process.
We expect all subcontractor costs to be justified and appropriate to the total eligible project costs.
Number of applications
A business can lead on only one MFA strand application for this competition.
If you apply to the CR&D strand of this competition, as well as this MFA strand, each project must be clearly distinctive and separate. We will monitor closely for this separation if you are awarded funding in both competition strands.
You can use a previously submitted application to apply for this competition.
Innovate UK are not funding projects that:
Innovate UK cannot fund projects that:
Up to £2 million has been allocated to fund innovation projects across the three strands of this Launchpad competition for the bio-based manufacturing innovation cluster in Scotland.
The total funding available for this Launchpad competition can change. The funders have the right to:
Your total project costs will be funded at up to 100%, to the maximum grant of £100,000. Your project cost can be higher than your grant funding request. The total grant funding request detailed within your application must not exceed £100,000. If your grant funding request exceeds £100,000 then your application will be made ineligible.
Book an appointment to speak to one of our advisors to discuss your eligibility to apply for this Grant Funding opportunity.