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Transformative technologies funding 

The new Transformative Technologies competition offers up to £20m of funding specifically targeted at small and micro businesses in the UK that have never been funded by Innovate UK before.

Rapid funding of £25-50k for 3-6 month projects. 

This is ambitious support with funding awarded in advance of projects starting. The focus is on technologies that are transforming the future of our society and economy: Semiconductors, Future Telecoms, AI, Engineering Biology, Quantum and Sustainable Materials & Manufacturing.

The funding will allow small and micro companies throughout the UK to accelerate the development of the products, services and systems that will underpin our future economy.  

Details on eligibility, scope and key dates.