Innovation Grants UK

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.

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International Grants Guide 2025: Navigate Public Funding Opportunities Across Europe, North & South America, and Asia
International Grants Guide 2025: Navigate Public Funding Opportunities Across Europe, North & South America, and Asia

The FI Group’s International Grants Guide 2025 is a comprehensive reference for businesses and institutions looking to leverage public funding opportunities worldwide. Covering over a dozen countries, the guide breaks down national and regional schemes that support R&D, innovation, energy efficiency, sustainability, and industrial transformation.

Benefits of Innovation Funding UK

  • Non-dilutive capital: No equity or ownership is exchanged
  • Project de-risking: Reduces the financial risk of early R&D
  • Commercial validation: Winning a grant enhances credibility
  • Follow-on support: Often leads to private investment or further funding

FI Group helps maximise these benefits by providing end-to-end guidance tailored to your sector and business objectives.

Combining Grants with R&D Tax Relief

Innovation grants and R&D Tax Relief can be used together but the interaction between them is complex. FI Group ensures that your funding is structured for:

  • Maximum net benefit
  • Compliance with HMRC rules on subsidised expenditure
  • Efficient financial planning for future R&D cycles
UK Grants
UK Grants

Innovate UK Grants

Innovate UK runs a wide range of competitions throughout the year. These may include:

  • Smart Grants for disruptive innovations
  • Sector-specific challenges (e.g. net zero, AI, life sciences)
  • Collaborative R&D projects with universities or other firms

Local and Regional Grant Schemes

These include:

  • Scottish Enterprise innovation grants
  • Welsh Government SMART Cymru
  • Northern Powerhouse and Midlands Engine funds
European Grants
European Grants

Horizon Europe

Open to UK applicants via the UK’s association with Horizon Europe. FI Group supports applications to programmes such as:

  • EIC Accelerator
  • Marie Skłodowska-Curie Actions
  • Digital Europe and Cluster initiatives

FI Group's

Innovation Grants UK Service

Securing innovation funding doesn’t have to be complex. Our step-by-step UK Innovation Grants service guides you through every stage from identifying the right grant to submitting a compelling application, ensuring your project gets the support it deserves.

Why Work With FI Group?
Why Work With FI Group?
  • 20+ years’ experience securing innovation funding
  • In-house scientists and engineers who understand technical depth
  • Dedicated grants team with sector-specific knowledge
  • Global expertise, with access to European and international grant programmes

We’ve helped clients across manufacturing, software, life sciences, energy, and more to win millions in funding.

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Why Work With FI Group?

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