Innovate UK innovation loans future economy: round 14
Up to 5 years
£100k - £2m
01.05.2024
Innovate UK is offering up to £25 million in loans to micro, small and medium-sized enterprises (SMEs). Innovate UK innovation loans are for highly innovative late-stage research and development (R&D) projects with the best potential for the future. There must be a clear route to commercialisation and economic impact.
You must be able to show that you:
Check Your Eligibility
Proposals must demonstrate:
Your project can include:
These can be in environments that represent real-life operating conditions.
Your application will be evaluated on the quality of your project proposal and the suitability of your business to take on a loan.
Specific themes
To receive an innovation loan for a new project you must:
Individuals, large companies, not-for-profits, charities, academic institutions, and research organisations are not eligible for innovation loans.
Innovation loans will be: