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New small & micro business grants from Innovate UK

From 11 to 26 July 2022, small and micro businesses registered in the UK will be able to apply for a share of a £30 million pot designed to boost innovations that have a clear route to commercialisation. Only businesses that have not previously received Innovate UK funding will be eligible.  

The grants will be used to back innovation in one or more of the seven technology areas outlined in the government's Innovation Strategy, namely:

  • advanced materials and manufacturing
  • artificial intelligence, digital and advanced computing
  • bioinformatics and genomics
  • engineering biology
  • electronics, photonics and quantum
  • energy and environment technologies
  • robotics and smart machines.

Businesses will also be asked to consider how their innovation might address the challenges the UK faces of achieving net zero and pushing self-driven healthcare and wellbeing.  

At Marks & Clerk, we have significant expertise in all of these technical areas. We are well placed to advise on all aspects of IP strategy to help each business be the best that it can be.  

Search here to find your local Marks & Clerk attorney by expertise.

Innovate UK’s new series of Fast Start: Innovation grants will give hundreds of UK small and micro-businesses the opportunity to grow and realise their ideas faster. These grants, of up to £50,000 each, will provide a fast way to boost cash flow, helping to propel those highly innovative ideas that have a clear route to commercialisation.

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Tags

start-ups & spin-outs, patents