R&D Funding Opportunities

In Spring 2022, the UK government announced its largest ever investment in R&D for the period 2022-2025 of £39.8bn.

The majority of funding is being delivered through the Department of Business, Energy and Industrial Strategy (BEIS) and its partner organisations. The budget allocations will allow the government to deliver on the ambitions set out in its Innovation Strategy.

What does it mean for my organisation?

R&D grant funding helps to de-risk the innovation process. Accessing public funds allows organisations to create new and innovative products, processes and services with less investment of their own required.

This significant Government investment in innovation means there are numerous R&D funding opportunities available for academia, small, medium and large businesses across a wide range of sectors. However, navigating this funding landscape can be time consuming and complex.

As part of our commitment to help support and commercialise innovation, FIS360 is minimising the effort you need to find the funding you require by signposting you to the most up to date information on public sector R&D funding. We are also offering to send funding alerts to those organisations who wish to be kept up to date on new funding opportunities.

Where to look?

There is no ‘one-stop-shop’ that tells you about all of the available funding sources, however, there are a number of useful sites that between them, signpost you to the vast majority of the available public sector R&D funding opportunities:

The Knowledge Transfer Networks (KTN) Funding Opportunities page covers most UK public sector funding, EU opportunities and also private sector challenges available through their own Innovation Exchange programme.

The UK Research and Innovation (UKRI) Funding Finder covers all of the funding competitions run by UKRI including all of the Research Councils.

The Innovate UK Innovation Funding Service (IFS) covers all funding competitions (grants, loans and R&D contracts) run by Innovate UK both on their own behalf and on behalf of other Government Departments.

For Ministry of Defence (MoD) funded opportunities related to the Defence and Security sectors and technology transfer, the Defence and Security Accelerator (DASA) website provides information of open innovation competitions, innovation focus areas and themed competitions.

Game Changers is managed by FIS360. in partnership with NNL and funds feasibility and proof of concept projects that address challenges set by the nuclear sector. It also provides invaluable access to the end users

The Net Zero Technology Centre, is a public/private partnership based in Aberdeen. It funds R&D challenges to drive investment in net zero-related technologies. Its funding opportunities can be found here.

NB. Whilst the above sites capture the significant majority of the Governments announced.

R&D. funding, we recognise that other funding opportunities may exist.


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Please see below for some of the most recent public sector R&D funding opportunities:

Gov.uk Funding

DASA Competition: Defence Innovation Loans

Key features:

Loans of up to £1.6m with a below market interest rate of 7.4% per annum to help convert mature defence innovation into a strong business proposition for defence procurement.

Open Indefinitely 

Gov.uk Funding

Horizon Europe Guarantee - EIT KICs 2022

Key features:

Innovate UK: This funding route is to deliver the UK Government’s Horizon Europe guarantee. Specifically, it covers funding for UK partners involved in EIT-KIC activities in the 2022 calendar year.

UK-based organisations involved in EIT-KIC activities in 2022 who would have received EIT grant funding had the UK been associated to Horizon Europe.

Open Indefinitely