The Women in Innovation Awards 2022/23 will provide up to 50 women entrepreneurs with a £50,000 grant and a bespoke package of mentoring, coaching and business support. The competition aims to fund and support a diverse portfolio of Women in Innovation Award winners who:
- will be relatable role models for women from all backgrounds
- are from regions across the UK
- are solving a range of pressing societal, environmental and economic challenges
Applications can come from any area of innovation and be applied to any part of the economy.
Eligibility
Projects must start on 1st April 2023 and end on 31st March 2024. To be eligible for an award, you must fulfil the following criteria:
- be a woman founder, co-founder or senior decision maker within a UK registered micro or SME business which has been operating for at least 12 months by the competition closing date
- be resident in the UK
- carry out your project work in the UK and intend to exploit the results from or in the UK
- be legally and contractually able to use the funding
- attend an online interview panel during the weeks beginning 5 December and 12 December 2022
- attend 2 bootcamps on the week commencing 20 March 2023 and in September 2023
- commit to work as a role model for up to 5 days over the duration of the award
Background
Innovate UK launched Women in Innovation in 2016 to promote greater diversity and inclusion in business innovation. At the time, just 14% of applications to Innovate UK were led by women – despite success rates between male and female applicants being largely equal! Since then, the number of women leading applications for grants to Innovate UK has increased by 71%.
More Information
The Women in Innovation Awards 2022/23 will open on 22nd August and close on 19th October. For more information, visit the competition page and register to attend the online briefing event on 18th August. Alternatively, please feel free to contact us if you have any questions.