Lancashare

Innovation Loans Future Economy Competition: Round 9 in Lancashire

Both

Expires:

Total: 2000000

Individual: 100000

Minimum company size: 1

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Loans are for highly innovative late stage research and development (R&D) projects with the best potential for the future. There should be a clear route to commercialisation and economic impact.

Your project must lead to innovative new products, processes or services that are significantly ahead of others currently available, or propose an innovative use of existing products, processes or services. It can also involve a new or innovative business model.

Your project must focus on one or more of the future economy areas included in the Innovate UK plan for action.

To receive an innovation loan for a new project you must:

  • be a UK registered micro, small or medium-sized enterprise (SME)
  • carry out your project from or in the UK
  • intend to exploit the results from or in the UK
  • give evidence that your business is suitable to take on a loan

Loan size: between £100,000 and £2 million
Closing date: Wednesday 12 July 2023 11:00am

Funding Expired 1 year ago

Unlocking Potential

Innovate UK, part of UK Research and Innovation, will invest up to £6.2 million in innovation projects.One of the greatest assets we have in the UK is the incre...