Matt Symonds
Director
This is the first time Innovate UK has run a loans competition, starting with – Innovation loans: infrastructure systems.
Good news we hear you shout!
The biggest barrier to businesses in regards to innovation and scalability is a lack of capital. It can cause stagnant growth and can be a direct threat to the continuity of your business. So, we’re delighted at the launch of this £10m pilot project.
You could receive up to £1m!
The aim of this competition is to offer a loan to help SMEs overcome barriers to scaling up innovation in infrastructure systems. It will enable businesses to demonstrate first commercial deployment at scale and take their innovations to market by proving that:
What sector does my project need to be in?
Projects must show significant late stage innovation and clearly show how you are working with end users and problem owners. Projects should be in one of our priority areas, which are:
To read more on these themes, click here
The infrastructure systems loan competition: What you need to know
Want to know more? Click here.
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