UKRI launches Fast Start Innovation Grants

Innovate UK is launching a brand new series of grants worth £30 million to back innovative UK businesses in fast starting innovation and boosting the UK economy.

Their 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.

Grants will back innovations in one or more of the seven technology areas outlined in the government’s Innovation Strategy:

  • 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 machine.

Innovate UK will also ask businesses to consider how their innovation could be part of solving specific challenges of net zero and self-driven healthcare and wellbeing.

For further information on these innovation grants, visit the UK Research and Innovation website. 

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