Business & Enterprise

Innovate UK

Innovate UK works with people, companies and partner organisations to find and drive the science and technology innovations that will grow the UK economy.

How do Innovate UK support businesses?

Innovate UK is the UK's innovation agency, an executive non-departmental public body, sponsored by the Department for Business, Energy & Industrial Strategy.

With a strong business focus, Innovate UK drives growth by working with companies to de-risk, enable and support innovation. To do this, they work to:

  • determine which science and technology developments will drive future economic growth
  • meet UK innovators with great ideas in the fields we're focused on
  • fund the strongest opportunities
  • connect innovators with the right partners they need to succeed
  • help our innovators launch, build and grow successful businesses

If you want to develop an innovative product, process or service, you may be able to apply for funding of between £25,000 and £10 million.

Innovate UK runs a number of funding competitions which can help UK-based companies, from pre start-up to multinationals, develop their ideas and make them successful.

Find out more about business innovation funding

Knowledge Transfer partnership (KTP)

Work with us on a project to foster innovation and stimulate business growth using this part-funded government scheme.

Find out more about KTP