You can get up to £400,000 from Innovate UK to test a business idea and see if it will work. You could use this funding to develop a new product, process, model, experience or service.
You may also be able to showcase your completed project at a Collaboration Nation event.
Grant levels vary but you may get funding for up to 70% of your project costs if you are a business. You will need to fund the remaining costs yourself. Research organisations can get up to 100%. Projects can be collaborative or just your business working alone.
To qualify for a feasibility study award you must be a UK business or research organisation.
Proposals must be business-led. Each funding competition has a different theme. Opening dates and deadlines vary. You must apply online.
For more information:
Competition helpline: 0300 321 4357 / Email: firstname.lastname@example.org
For all general enquiries about the work of the Innovate UK (Technology Strategy Board), please telephone: 01793 442700 or email: email@example.com
Address: Innovate UK, The Technology Strategy Board, North Star House, North Star Avenue, Swindon, SN2 1UE