The Innovation Challenge is designed to stimulate and support innovation in SMEs by leveraging expertise of a unique partner network.
The Innovation Challenge has been designed by our expert team to stimulate and support innovation in SMEs by leveraging the expertise of our unique partner network.
The Innovation Challenge will see our partners come together to deliver four free to attend, vibrant and informative workshops on the topics of:
These topics are barriers that many innovative businesses face, and can cause delays to R&D projects or taking innovative products to market. By discussing these problematic areas openly, the challenge aims to highlight opportunities to reduce the effects of these barriers. The workshops will be held in Spring 2022.
In May 2022, following the workshops, applications will open for businesses to submit a full business plan and be eligible to win the exciting prize package – a £5,000 cash prize and support packages from partners involved in The Innovation Challenge, tailored to their needs. Two runners up will receive free a support package from partners involved in The Innovation Challenge. In June 2022, we will host a showcase for the top 10 finalists will be held where the winners will be announced. The finalists will have the opportunity to present their business in a 10-minute pitch in front of key investors.
The Innovation Challenge is free to register and take part, open to any UK SME looking to innovate and grow. To be eligible to apply for the prize package, applicant business must be an SME based in the UK, have a sustainable business strategy and be working on a disruptive hardware or software project.
To attend the workshops and join The Innovation Challenge, please register through the application form below. The closing date for registrations is Friday 25th February 2022.