Women in Innovation Awards 2022/23

Fund Details

Your proposal must identify clearly evidenced pressing societal, environmental or economic challenges, and how your project and innovation can help solve them.

Applications can come from any area of innovation (where innovation is defined as the commercially successful exploitation of ideas) and be applied to any part of the economy.

IUK plan to offer up to 50 awards.

IUK want to support women who are at a critical stage with their business, where an award will enable them to take an important step forward. The funding should help you make a real difference to innovation in the UK including in and beyond your sector or innovation area.

You should be someone who will be an inspiration to others.

IUK are looking for women who clearly explain how they will benefit from the full package of funding and support on offer and who can describe how this will add value to them and their business.

IUK are particularly encouraging applications from women who:

• have the potential, capability, experience and personal drive to become leaders in business innovation
• want to be a role model for others, including in their region, sector and to young people
• have a clear vision for their business
• are looking to develop a game changing novel idea or business innovation
• know what they are hoping to achieve from the award and how to measure success

As part of your application, you must include a short video, up to 3 minutes long, to describe or show the problem you are looking to solve and the difference that an award will make to you personally.

You must use Innovate UK ‘Women In Innovation’ Video platform (link will be available when competition opens) to record your video and then provide a link in your application.

If we are unable to view your video, your application will be made ineligible.

Eligibility

Your award must:

• have a total grant funding request of £50,000
• start on 1 April 2023
• end on 31 March 2024
• last for 12 months

To be eligible for an award you must:

• be a woman founder, co-founder or senior decision maker within a UK registered micro, small or medium (SME) business which has been operating for at least 12 months by the competition closing date
• be resident in the UK
• carry out your project work in the UK
• intend to exploit the results from or in the UK
• be legally and contractually able to use the funding
• be available to attend an online interview panel during the weeks beginning 5 December and 12 December 2022
• attend 2 bootcamps on the week commencing 20 March 2023 and in September 2023.
• be fully committed to volunteer as a role model for up to 5 days over the duration of the award

Talk to us today if you would like to apply for this opportunity.