New grants available for industry impacted by Covid-19


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In Summary

General | 6th April 2020
UK registered businesses can apply for a share of up to £20 million to respond to new and urgent needs in UK and global communities during and following the Covid-19 pandemic.

In Detail

UK registered businesses can apply for a share of up to £20 million to respond to new and urgent needs in UK and global communities during and following the Covid-19 pandemic.

Innovate UK, as part of UK Research and Innovation will invest in innovation projects.

Fast Start is the newly launched competition to support UK businesses to focus on emerging or increasing needs of society and industries during and following the crisis.

By fast-tracking innovation, the UK will be better placed to maintain employment levels, a competitive position in global markets and make the UK more resilient to similar disruption.

Your application must demonstrate both realistic and significant benefits for society (including communities, families and individuals) or an industry that has been severely impacted and/or permanently disrupted by the Covid-19 pandemic.

Your proposal must focus on a clear need and the proposed innovation to address it. You must have the ability to deliver the project during the working restrictions of Covid-19 pandemic.

You can claim 100% of your project costs up to the maximum of £50,000. These will be paid in advance of the project start date.

The competition will close on Friday 17 April.

Successful applicants will be notified on 1 May.

Click here for the full details >