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