Innovation Grants UK: Expert Support from FI Group
Innovation Grants UK are a vital source of non-dilutive funding for businesses developing new technologies, products, or services. Whether you’re an SME seeking to accelerate a concept or a large enterprise pursuing ambitious R&D projects, innovation funding can unlock substantial value and de-risk your investment in innovation.
FI Group supports businesses across the UK in identifying, applying for, and managing innovation grants. Our specialists navigate the complex grant landscape including Innovate UK competitions, Horizon Europe programmes, and regional development funds to increase your chances of securing finance.
What Are Innovation Grants?
Innovation grants are government or publicly funded contributions awarded to businesses undertaking projects that advance science, technology, or process development. In the UK, these are primarily administered through:
- Innovate UK (part of UK Research and Innovation)
- Horizon Europe (formerly Horizon 2020)
- Local enterprise partnerships (LEPs) and devolved authorities
- Defence and security innovation agencies, such as DASA
Unlike loans or equity, innovation grants typically do not require repayment, making them an attractive funding option, particularly for early-stage or high-risk R&D.