Energy Catalyst: Funding Clean Energy Solutions for Global Impact

Innovate UK has announced the launch of Energy Catalyst Round 11, a funding initiative aimed at accelerating innovations to improve clean energy access in sub-Saharan Africa, South Asia, and the Indo-Pacific regions. This round is divided into two distinct strands: Early-stage and Mid-stage, each tailored to support projects at different levels of development. Up to £4.5 million is allocated across both stages.

Energy Catalyst Round 11: Early-stage
The Early-stage competition is designed for UK-registered organisations seeking to develop nascent ideas that can transform energy access in the target regions. Projects should focus on creating affordable, reliable, and low-carbon technologies or business models. Key details include:

  • Project Costs: Eligible project costs must range between £50,000 and £300,000.
  • Project Duration: Projects should commence by 1st September 2025 and conclude by 31st August 2026, lasting between 6 to 12 months.
  • Eligibility Criteria: Applicants must be UK-registered organisations aiming to improve energy access in Official Development Assistance (ODA) eligible countries within the specified regions. The proposed solutions should integrate considerations of gender equality, disability, and social inclusion, aligning with Sustainable Development Goals 7 (Affordable and Clean Energy) and 13 (Climate Action).

Energy Catalyst Round 11: Mid-stage
The Mid-stage competition caters to UK-registered organisations with more developed projects that are ready to progress towards implementation. Similar to the Early-stage, projects must aim to enhance clean energy access in the target regions. Key aspects include:

  • Project Costs: Eligible project costs should be between £50,000 and £1.5 million.
  • Project Duration: Projects are expected to start by 1st September 2025 and end by 31st March 2027, with durations ranging from 6 to 19 months.
  • Eligibility Criteria: Applicants must be UK-registered organisations focusing on delivering innovations for clean energy access in ODA-eligible countries within sub-Saharan Africa, South Asia, or the Indo-Pacific regions. Projects should ensure a just and inclusive energy transition by integrating gender equality, disability, and social inclusion considerations.

Application Process and Deadlines
Both competitions are scheduled to open on Wednesday, 12th March 2025, and will close at 11am on Wednesday, 30th April 2025. Prospective applicants are advised to carefully review the specific eligibility criteria and scope for each strand to ensure their proposals align with the competition requirements. Applications must be submitted through the Innovation Funding Service portal before the stated deadline.

Strategic Importance of Energy Catalyst Round 11
The Energy Catalyst programme plays a pivotal role in addressing the global challenge of energy access. By focusing on sub-Saharan Africa, South Asia, and the Indo-Pacific regions, Innovate UK aims to stimulate the development of innovative solutions that can provide sustainable energy to underserved communities. This initiative not only seeks to improve the quality of life in these regions but also contributes to global efforts in combating climate change by promoting low-carbon technologies.

Integration of Inclusivity in Energy Solutions
A notable emphasis in Round 11 is the integration of gender equality, disability, and social inclusion (GEDSI) within energy projects. Applicants are encouraged to design solutions that are inclusive, ensuring that the benefits of clean energy reach all segments of society, particularly the marginalised and vulnerable groups. This approach aligns with the broader objectives of the Sustainable Development Goals, fostering equitable and sustainable development.

Next Steps

For a free consultation to discuss your project idea in more detail, contact RedKnight today.

by Dayne Hodgson

Empowering Women in AI: Breaking Barriers and Building Futures

On 28th March 2025, Innovate UK will host "Empowering Women in AI and Business Growth: Breaking Barriers and Building Futures" at Google's London headquarters. This event aims to address the unique challenges faced by women-led businesses in the rapidly evolving fields of artificial intelligence (AI) and business growth, offering actionable insights, networking opportunities, and access to support initiatives.

Understanding the Challenges
Despite advancements in technology and business, women-led enterprises continue to encounter significant hurdles. Recent statistics reveal that AI startups founded by women secure a disproportionately small fraction of funding deals. Additionally, many female business owners report feeling less equipped with the necessary skills and confidence to integrate AI into their operations. These challenges underscore the importance of targeted support and resources to bridge the existing gaps.

Event Objectives
The primary goal of this event is to empower women entrepreneurs by providing:

  • Actionable Insights: Strategies for scaling businesses and accessing new markets.
  • Investor Connections: Opportunities to engage with investors and learn effective methods for sourcing talent to accelerate business success.
  • Support Awareness: Information on available support mechanisms for both AI suppliers and consumers, including Innovate UK's system support and talent initiatives.
  • Networking Opportunities: Platforms to connect with fellow women leaders and innovators, fostering a community of support and collaboration.

Who Should Attend?
The event is tailored for women business leaders and owners from across the UK. While registration is open to all, the content is specifically designed to benefit women-led businesses and those in leadership positions. Attendees will have the option to deliver a 2-minute pitch highlighting their activities, objectives, and needs concerning support and collaborations.

Agenda Highlights
The event's draft agenda includes:

  • 09:15 – Registration and Networking: An opportunity to connect with peers and establish new relationships.
  • 09:45 – Welcome Address by Innovate UK Business Connect: Setting the tone for the day's discussions and activities.
  • 10:00 – Initiatives to Support Women in Business and Businesses: An overview of current programs and resources available to women entrepreneurs.
  • 10:15 – Overview of No Limits and Inclusive Innovation Programmes: Insights into Innovate UK's initiatives aimed at fostering diversity and inclusion in innovation.
  • 10:30 – Company Pitches: A platform for attendees to present their businesses, share objectives, and seek potential collaborations.
  • 11:00 – Networking and Refreshments: A break to facilitate informal discussions and networking.
  • 11:15 – Upskilling in AI by the National Innovation Centre for Data: Discussing the importance of data skills in the AI landscape.
  • 11:30 – The Role of Maths in AI in Business by System Holdings: A case study on leveraging mathematics and AI for business development, including strategies for sourcing talent and investment, and reaching new markets.
  • 11:45 – AI Talent by Imperial College London: Exploring how academic institutions can support the growth of women-led businesses and the broader business community.
  • 11:55 – Market Diversification by NquiringMinds: Insights into the benefits and challenges of diversifying markets, drawing from NquiringMinds' experiences.

Innovate UK's Commitment
Innovate UK remains dedicated to dismantling barriers that hinder the progress of women in AI and business. Through initiatives like No Limits and Inclusive Innovation, the organisation strives to create an environment where diverse ideas and perspectives can flourish, driving economic growth and societal advancement.

To register for the event, click here.

by Dayne Hodgson

New CEO of UKRI Appointed

A Distinguished Career in Fusion Research

Sir Ian Chapman brings a wealth of experience to his new role, having served as the CEO of the UK Atomic Energy Authority (UKAEA) since October 2016. His tenure at UKAEA was marked by significant advancements in fusion energy research, positioning the UK as a global leader in this domain. Under his leadership, the organisation transitioned from a focus on deep research and development (R&D) to undertaking major infrastructure projects, including the design and construction of a prototype fusion power plant. This shift not only advanced scientific understanding but also stimulated inward investment, economic growth, and the development of a skilled workforce and supply chain.

Academic and Professional Accolades

Sir Ian's academic journey began at Durham University, where he earned an MSc in Mathematics and Physics in 2004. He pursued doctoral studies at Imperial College London, focusing on plasma physics within tokamak fusion devices, and received his PhD in 2008. His research contributions have been recognized with numerous international awards, including the Institute of Physics' Clifford Paterson Medal and Prize in 2013 and the European Physical Society's Early Career Prize in 2014. In 2022, he was elected a Fellow of the Royal Academy of Engineering, followed by his election as a Fellow of the Royal Society in 2023. His services to global fusion energy were further honoured with a knighthood in the 2023 New Year Honours.

UKRI's Role in Driving Economic Growth

UK Research and Innovation (UKRI) is the UK's principal public research funding body, with an annual budget of £9 billion. It plays a pivotal role in the UK's research and innovation landscape, supporting thousands of researchers and innovators in developing solutions that enhance lives and drive economic prosperity. The organisation's investments have led to significant achievements, such as backing the development of the Oxford-AstraZeneca COVID-19 vaccine and constructing advanced wind turbine test facilities, contributing to the UK's status as a clean energy leader. UKRI has also been instrumental in the UK's artificial intelligence (AI) sector, contributing to the £1 billion public investment in AI research and development, positioning the UK as the third-largest AI market globally.

A Renewed Focus on Economic Impact

Sir Ian's appointment aligns with a refreshed mission for UKRI, placing economic growth at the core of public investment in research and development. Science Minister Lord Vallance emphasised that leveraging the UK's innovative ideas, talent, and facilities is crucial for economic advancement and improving lives nationwide. Sir Ian's leadership is expected to drive ambitious, curiosity-driven research while ensuring that investments yield tangible economic benefits, thereby supporting the government's broader objectives.

Community and Expert Endorsements

The scientific community has warmly welcomed Sir Ian's appointment. Sir Andrew Mackenzie, UKRI Chairman, expressed confidence in Sir Ian's ability to unlock opportunities that improve lives and livelihoods, noting his exceptional research and leadership experience. Similarly, Professor Sir Peter Bruce, Vice-President of the Royal Society, lauded Sir Ian's scientific and leadership credentials, expressing confidence in his ability to oversee UKRI's vital work in the coming years.

Looking Ahead

Sir Ian Chapman will assume leadership of UKRI in the summer of 2025. With a renewed focus on aligning research and innovation with economic growth, UKRI is poised to enhance the UK's position as a global leader in science and technology. Sir Ian's extensive experience and visionary leadership are expected to steer UKRI toward achieving its mission of fostering research excellence that translates into economic prosperity and societal well-being.

by Dayne Hodgson

Innovation Loans: Fueling Future Growth

Innovate UK has announced the launch of its Innovation Loans Future Economy Competition: Round 19, offering up to £25 million in loans to UK-registered micro, small, and medium-sized enterprises (SMEs). This initiative aims to support highly innovative late-stage research and development (R&D) projects that demonstrate strong commercial potential and the capacity to significantly benefit the UK economy.

Key Details of the Competition

  • Loan Amounts: Businesses can apply for loans ranging from £100,000 to £2 million to cover eligible project costs.
  • Project Duration: Projects may last up to five years, encompassing both the R&D and commercialisation phases. Successful applicants are expected to commence their projects by 1st July 2025.
  • Application Timeline: The competition opened on 9th January 2025 and will close on 5th March 2025 at 11:00 am. Subsequent rounds are planned, with Round 20 opening on 6 March 2025 and closing on 7 May 2025.

Eligibility Criteria

To be eligible for the innovation loan, applicants must:

  • Business Status: Be a UK-registered SME.
  • Project Scope: Propose a project that leads to innovative new products, processes, or services significantly ahead of current market offerings, or present an innovative application of existing products, processes, or services. Projects can also involve new or innovative business models. The focus should align with one or more of the future economy areas outlined in the Innovate UK plan for action.
  • Financial Justification: Demonstrate a clear need for public funding, the ability to cover interest payments, and the capacity to repay the loan on time.

Application Process

Applicants are required to submit a comprehensive proposal detailing the business need, technological challenge, or market opportunity their innovation addresses. The proposal should include:

  • Project Motivation: Clearly articulate the main motivation for the project, including the business need, technological challenge, or market opportunity it responds to.
  • Innovation and Market Differentiation: Describe how the project will lead to products, processes, or services that are significantly ahead of others currently available, including an understanding of the current state of the art and how the innovation will differentiate from competitors.
  • Commercialisation Strategy: Outline the route to market, target customers or end-users, and how the innovation will lead to commercial success, including increased revenues or cost reductions.
  • Project Management and Risk Mitigation: Provide a detailed project plan, including work packages, milestones, and a risk register identifying main risks and uncertainties, along with mitigation strategies.

Applicants must also complete a business and financial submission, including historic and forecast financial statements, to support their suitability to borrow. This includes profit and loss accounts, balance sheets, and cash flow forecasts covering the full loan term.

Assessment and Evaluation

Applications will be evaluated based on the quality of the project and the suitability of the business to receive a loan. The assessment process includes:

  • Project Proposal Assessment: Independent assessors will score each question in the project proposal, focusing on aspects such as innovation, market opportunity, project management, and value for money.
  • Initial Credit Evaluation: Innovate UK's Credit team will conduct an initial evaluation of the business's financial standing and ability to repay the loan.
  • Progress Panel: A panel will review the innovation score and credit evaluation to decide on progression to detailed credit evaluation.
  • Detailed Credit Evaluation: A thorough analysis of the business's financials, including a management presentation to the Credit Committee, may be required.

The final lending decision rests with the Credit Committee, which may include specific conditions. Feedback will be provided to all applicants, whether successful or unsuccessful.

Support and Resources

Innovate UK offers various resources to assist applicants, including recorded webinars on application guidance and financial submission. Applicants are encouraged to prepare well in advance, seek financial and legal advice, and ensure all parts of the application are completed accurately and submitted on time.

For more information on the competition process, contact RedKnight today.

by Dayne Hodgson

UK Innovation Funding Trends for 2025

The UK innovation funding landscape in 2025 promises to be a dynamic and exciting environment, shaped by significant public and private investments. As the UK government continues to prioritise research and development (R&D) to drive economic growth, enhance sustainability, and bolster technological advancement, innovators across various sectors can expect a range of opportunities to secure critical funding.

 Strategic Focus Areas for 2025

In its strategic delivery plan, Innovate UK has identified three primary domains for funding in 2025: Net Zero Innovation, Healthy Living and Agriculture, and Digital & Emerging Technologies. These areas are designed to address global challenges while positioning the UK as a leader in innovation.

  1. Net Zero Innovation

With over £1.2 billion committed to supporting innovations that contribute to achieving net-zero carbon emissions by 2050, the UK government is keen to accelerate the green transition. Key areas of focus include:

  • Clean Energy Technologies: Investment in renewable energy sources such as wind, solar, and hydrogen is a top priority. Additionally, funding will support advancements in energy storage solutions to enhance grid reliability.
  • Carbon Capture and Storage (CCS): Projects aimed at capturing and storing carbon emissions from industrial processes will receive significant support.
  • Decarbonising Transportation: The government is investing heavily in electric vehicles (EVs), sustainable aviation fuels, and hydrogen-powered transport to reduce reliance on fossil fuels.
  • Sustainable Construction: Funding will also target innovations that improve energy efficiency in buildings, including retrofitting older structures and developing smart city infrastructure powered by sustainable energy.
  1. Healthy Living and Agriculture

The Healthy Living and Agriculture domain focuses on improving public health, advancing agricultural practices, and ensuring food security. Key initiatives include:

  • Medical Technologies and Pharmaceuticals: Funding is directed toward developing personalised medicine, advanced diagnostics, and treatments for chronic and infectious diseases.
  • Digital Health Solutions: The integration of artificial intelligence (AI) and data analytics into healthcare systems is a critical area of investment, aimed at improving patient outcomes and reducing healthcare costs.
  • Sustainable Agriculture: Projects that enhance crop yields, reduce environmental impacts, and promote sustainable farming practices will receive significant backing.
  • Food Security: Innovations in climate-resilient crops, alternative proteins, and efficient water usage are crucial to addressing global food supply challenges.
  1. Digital & Emerging Technologies

Digital transformation is at the heart of the UK’s innovation strategy. To maintain global competitiveness, the government is prioritising investments in:

  • Artificial Intelligence (AI): Responsible AI development and adoption across industries are key priorities. This includes funding for AI-driven solutions in healthcare, finance, and manufacturing.
  • Quantum Computing: The UK aims to lead in quantum technologies, supporting projects that push the boundaries of computing power, cryptography, and materials science.
  • Cybersecurity: Enhancing digital security and protecting critical infrastructure are vital to ensuring the integrity of the country’s digital economy.
  • Advanced Manufacturing: Funding will support the adoption of Industry 4.0 technologies, including robotics, 3D printing, and the Internet of Things (IoT).
  • Creative Industries: Recognising the potential of the creative sector, investments will focus on digital content creation, immersive media technologies, and gaming.

Major Funding Competitions and Opportunities

In addition to strategic focus areas, several major funding competitions are open or expected to open in 2025, providing opportunities for businesses and research organisations to secure essential financial support. Here are just a few examples of what’s available:

  1. Innovate UK Smart Grants

Total Funding: Up to £1 million

Eligibility: UK-registered businesses, including micro, small, and medium enterprises (SMEs), as well as research organisations working in collaboration with businesses.

Scope: The Smart Grants competition is designed to support game-changing and commercially viable R&D projects across any sector. Successful applications typically demonstrate a clear potential for significant economic impact, job creation, and technological advancement.

  1. Innovation Loans Future Economy Competition

Total Funding: Up to £2 million

Eligibility: UK-registered SMEs with late-stage R&D projects that have a clear route to market.

Loan Terms: Loans range from £100,000 to £2 million, with fixed interest rates and repayment periods of up to seven years.

Focus: This competition targets businesses that need financial support to bridge the gap between late stage R&D and commercial success. Eligible projects include those focused on scaling production, completing final testing, or obtaining regulatory approval.

  1. Innovate UK Biomedical Catalyst Competition

Total Funding: Up to £30 million

Eligibility: UK-registered SMEs and research organisations developing innovative solutions in the biomedical sector.

Focus: This competition supports the development of new healthcare technologies, with a particular emphasis on novel therapeutics, medical devices, and diagnostics.

  1. Collaborative R&D: Creative Catalyst

Total Funding: Up to £200,000

Eligibility: UK-registered SMEs in the creative industries, particularly those working on innovative digital content, immersive technologies, or tools for film, television, and gaming.

Scope: This competition aims to develop commercially viable products that enhance the UK’s creative sector. Collaborative projects involving multiple partners are encouraged.

  1. Knowledge Transfer Partnership (KTP): 2024 to 2025 Round 5

Total Funding: Up to £9 million

Eligibility: UK-registered academic institutions, research organisations, or Catapults collaborating with businesses.

Scope: KTPs aim to transfer knowledge from academia to industry, helping businesses innovate and grow. Projects typically involve hiring a graduate (KTP Associate) to work on a specific innovation project within the business.

  1. ATI Programme Strategic Batch

Eligibility: Open to UK-registered businesses and collaborations in aerospace research or technology development.

Focus: This programme supports projects aligned with the UK Aerospace Technology Strategy, aimed at enhancing the competitiveness of the civil aerospace sector.

Other than Innovate UK

Here are other available funding sources outside of Innovate UK:

  1. NIHR (National Institute for Health Research)

Total Funding: Varies by competition

Eligibility: Open to academic researchers, NHS organizations, charities, and businesses involved in healthcare innovation.

Scope: The NIHR offers a range of funding opportunities, including programs focused on applied health research, global health research, and infrastructure support. Key initiatives include the Health Technology Assessment (HTA) programme, Efficacy and Mechanism Evaluation (EME) programme, and Invention for Innovation (i4i) programme.

  1. Water Innovation Competitions

Funding: Part of a £300 million fund for 2025-2030

Eligibility: Water companies and their partners working on cross-sector collaborations to address challenges in the water industry.

Focus: Projects should aim to improve water efficiency, sustainability, and resilience.

  1. UK Games Fund

Funding: Part of a £5 million extension announced in 2023

Eligibility: UK-based independent game development companies

Focus: Supporting early-stage game development through prototype funding and talent development initiatives.

  1. Advanced Research and Invention Agency (ARIA) Funding Opportunities

Total Funding: £800 million over four years

Eligibility: Open to high-risk, high-reward projects from innovators across all sectors.

Scope: ARIA focuses on ambitious and potentially transformative projects that traditional funding bodies might consider too risky. The agency operates with a high level of autonomy and minimal bureaucracy, enabling it to fund breakthrough innovations quickly.

Focus: Supporting disruptive technologies and novel scientific discoveries that could lead to significant advancements in areas such as energy, healthcare, and advanced materials.

  1. Defence and Security Accelerator (DASA) Funding Opportunities

Total Funding: Varies by competition

Eligibility: Open to businesses, academics, and innovators working on defence and security solutions.

Scope: DASA runs multiple competitions throughout the year, seeking innovative solutions to complex defence and security challenges. Key areas include surveillance, AI for defence, autonomous systems, and cyber resilience.

Focus: Supporting projects that enhance the safety and effectiveness of the UK's armed forces and security services, with an emphasis on rapid development and deployment of cutting-edge technologies.

  1. Welsh Government's Smart FIS Programme

Total Funding: Up to £225,000

Eligibility: Open to Welsh SMEs and research organisations developing innovative solutions in priority sectors.

Scope: The Smart Flexible Innovation Support (Smart FIS) programme offers financial support for R&D projects with high commercial potential. The programme encourages collaborative projects and aims to enhance innovation capacity in Wales.

Focus: Supporting projects in sectors such as advanced manufacturing, energy, healthcare, and digital technologies, with a particular emphasis on boosting regional economic growth.

Emerging Trends in Innovation Funding

Several broader trends are shaping the UK’s innovation funding environment in 2025:

  1. Public-Private Partnerships: The government is increasingly leveraging public-private partnerships to maximise the impact of innovation funding, particularly in large-scale projects.
  2. Regulatory Innovation: The newly established Regulatory Innovation Office aims to streamline regulatory processes for emerging technologies, making it easier for innovators to bring products to market.
  3. Climate Finance: With a growing emphasis on green investment, initiatives like the National Wealth Fund and GB Energy are expected to play a crucial role in mobilising private capital for renewable energy projects.
  4. Skills Development: Addressing the decline in STEM graduates, the UK government is likely to introduce new initiatives aimed at fostering a robust talent pipeline to support future innovation.

Whether you’re a UK start-up looking to scale or an established business seeking to develop new technologies, 2025 will hopefully provide ample opportunity to support your growth ambitions.

by Dayne Hodgson

Proposal preparation grants for 2024 and 2025 calls

Innovate UK and the British Academy have funding schemes open for Horizon Europe Pump Priming Grants, to enable SMEs, research organisations and universities in the UK build partnerships and develop proposals. If you are planning a submission to a 2024 or 2025 Horizon Europe call, one of these schemes may support the development of your proposal.

Innovate UK Horizon Europe Pump Priming
UK SMEs can apply for a grant of up to £5000 (Ex-VAT) to help them in their preparation for submitting a Horizon Europe proposal for a collaborative opportunity. This could be used to fund attendance at networking events, to contribute to the cost of joining associations and other activities that are solely directed at future Horizon Europe participation. Note that if you have already received an Innovate UK Pump Priming grant you will not be able to apply for another in this round. The closing date for applications is 17th January 2025 and the final date on which claims can be made for payment is 17th February 2025.

British Academy Horizon Europe Pump Priming
Principal Investigators (PIs) at universities and research institutions can apply for a grant of up to £10,000 to help them in their preparations for submitting a Horizon Europe proposal for Pillar 2 of Horizon Europe – Global Challenges and European Industrial Competitiveness. All of the details such as eligibility, closing dates, etc., are published on the British Academy website and any questions about this scheme should be addressed directly to them.

by Dayne Hodgson

Developing AI Competencies in Key Sectors

Innovate UK has announced a £2 million competition under its BridgeAI programme aimed at driving innovation in artificial intelligence (AI) across essential sectors in the UK. This initiative seeks to enhance AI competency in the fields of construction, transport and logistics, creative industries, agriculture, and food processing. The competition focuses on fostering responsible and ethical AI-based learning solutions that support upskilling, reskilling, and competency development within these sectors. Here, we explore the programme’s objectives, requirements, and what applicants need to keep in mind to qualify for funding. The competition opens on 11th November with the deadline set at 11am on 29th January 2025.

Objectives of the BridgeAI Programme

The primary goal of the BridgeAI competition is to accelerate the development of AI competencies tailored to specific industry needs. The competition is designed to encourage responsible and ethical approaches to AI education, ensuring that new technologies are not only effective but also aligned with industry standards and values. Proposals submitted to the competition should address how they will meet the following key objectives:

  1. Accelerating AI Competency Development: Projects should demonstrate how their proposed solutions will enhance AI skills relevant to the sector in a responsible and ethical manner.
  2. Supporting High-Quality Education: By leveraging evidence-based teaching and learning methodologies, applicants are expected to promote effective learning practices that are aligned with industry standards.
  3. Aligning with Competency Frameworks: The BridgeAI programme highlights the importance of aligning learning content with both sector-specific standards and the AI Skills for Business Competency Framework to ensure the potential for future accreditation.
  4. Upskilling and Reskilling the Workforce: Each solution must address the need for upskilling and reskilling existing professionals within the sectors, allowing them to stay current with the latest AI developments.
  5. Piloting with End Users: Applicants must have a clear plan for piloting their solutions with real-world end users, providing a tangible demonstration of the project’s applicability and effectiveness.

Funding and Project Scope

To be eligible, projects must meet several essential requirements outlined by Innovate UK:

  1. Eligible Costs and Compliance: The competition offers grants ranging between £50,000 and £100,000 and only eligible project costs should be included in the application.
  2. Project Duration and Timeline: Projects should have a duration of 6 to 10 months, starting no later than 1st June 2025, and concluding by 31st March 2026.
  3. Location of Work: All project activities must be carried out in the UK, with the aim to exploit results within the country as well.
  4. Alignment with Learning Personas: The project must focus on at least one learner type outlined in the AI Skills for Business Competency Framework, including AI Workers, AI Professionals, or AI Leaders, ensuring that solutions are adapted to different levels of experience within the AI landscape.
  5. Commitment to Diversity and Inclusion: The programme places significant emphasis on promoting equality, diversity, and inclusion, encouraging applicants to design personalised learning journeys that are accessible and fair.

Organisational Requirements

Applicants must be UK-registered businesses of any size, and to be eligible for funding, projects must involve at least one UK-registered micro, small, or medium-sized enterprise (SME). Innovate UK also welcomes collaborations with a variety of UK-registered entities, including academic institutions, charities, non-profits, public sector organisations, and research and technology organizations (RTOs).

In collaborative projects, the lead organization must invite other partners to join the project through the Innovation Funding Service (IFS) platform, where partners will enter their project costs and respond to questions on project impact. Both the lead organisation and any collaborators seeking funding must complete these steps to qualify for the competition.

Portfolio Approach

Innovate UK’s portfolio approach seeks to fund a diverse range of projects, ensuring that the benefits of AI competency development are distributed across various regions and industries. This approach enables Innovate UK to maximise the impact of the BridgeAI programme by investing in innovative solutions across different sectors, meeting the unique needs of each one. Projects that align with the specific themes of AI competency development in key sectors, support diverse learning personas, and uphold inclusive values are particularly valued under this approach.

Specific Themes for Applicants

To align with Innovate UK’s vision for the BridgeAI programme, applicants should ensure their projects address specific themes relevant to the competition:

  1. Industry-Specific AI Competency Development: Each project must aim to develop AI competencies in at least one of the programme’s target sectors, such as construction, transport and logistics, creative industries, agriculture, or food processing.
  2. Learner Personas: By focusing on different learner personas within the AI Skills for Business Competency Framework, including AI Workers, Professionals, and Leaders, projects should offer personalised learning pathways that cater to diverse levels of expertise and roles in the industry.
  3. Promoting Diversity and Inclusion: The competition strongly encourages projects that consider equality, diversity, and inclusion in their learning approaches, thereby ensuring AI competency development is accessible to a broad range of individuals.

Application Tips

Given the competitive nature of this funding opportunity, applicants are encouraged to focus on building a strong case for how their project will accelerate sector-relevant AI competency development while meeting all the programme’s ethical and responsible AI standards. Highlighting clear, evidence-based educational methods, demonstrating an understanding of industry standards, and showing an actionable plan for piloting with end users will increase the chances of selection.

You can read the full competition details here.

by Dayne Hodgson

Media Cymru's Scale Up Round 2 Funding Competition

The media landscape in Wales is poised for transformational change, and Media Cymru, a dynamic consortium of 22 partner organisations led by Cardiff University, is at the heart of this shift. As part of its ambitious five-year programme, Media Cymru has launched the Scale Up Round 2 funding competition, with support from Innovate UK and the UKRI Strength in Places Fund. With up to £700,000 available to be invested in research and development (R&D) projects, this competition is designed to place the Cardiff Capital Region firmly on the global media stage.

The Vision Behind Media Cymru
Media Cymru is committed to turning the Cardiff Capital Region into a global hub for media production and innovation. However, this transformation is not merely about boosting production capacity. The initiative prioritizes green and fair economic growth, which means creating a sustainable and inclusive media ecosystem where innovation is at the forefront.

The Media Cymru programme revolves around four strategic pillars:

  1. Green – Reducing the environmental impact of the media sector.
  2. Fair – Building a diverse, equal, and inclusive sector.
  3. Global – Expanding international collaborations and partnerships.
  4. Growth – Fostering economic growth and productivity through R&D and innovation.

Each project funded through this competition is expected to align with at least one of these pillars, ensuring that funded innovations contribute not only to the advancement of the Welsh media industry but also to the wider societal and environmental goals.

Scale Up Round 2: What’s the Opportunity?
Media Cymru: Scale Up Round 2 offers Welsh media companies the chance to secure significant funding for projects with the potential to scale, innovate, and compete on a global stage. The competition will invest in innovation-driven products, services, and experiences that have the ability to transform the media landscape, both locally and internationally.

Key Details:

  • Grant funding range: £100,000 to £250,000 per project.
  • Project duration: Up to 12 months.
  • Deadline: The competition closes at 11am UK time on the 4th December 2024.
  • Project start date: Must not begin before 1st April 2025 and should conclude by 30th April 2026.
  • Eligibility criteria: Projects must focus on the media sector and demonstrate a tangible economic benefit to the Cardiff Capital Region.

Importantly, applicants must be prepared for a competitive process, as the funding limit means not all high-scoring proposals will necessarily be funded.

What Makes a Winning Proposal?

Success in this competition hinges on a company’s ability to present a project that meets the specific requirements of the competition while standing out in terms of innovation and scalability.

Here’s what the competition is looking for in a winning proposal:

  1. Innovation-Driven Solutions: Your project must aim to solve a key challenge or seize an opportunity within the Welsh media industry. Whether it’s improving media production processes, creating innovative content platforms, or addressing challenges related to digital consumption, the project should be original and impactful.
  2. Proven Feasibility: Ideas are not enough on their own. You need to demonstrate the feasibility of your innovation. This means that the technology or solution you propose must have a sound basis for development and implementation, supported by clear evidence or research.
  3. Economic Impact: A core goal of this competition is to drive economic growth in the Cardiff Capital Region. Successful applicants will need to demonstrate how their innovation will contribute to the local economy by creating jobs, increasing productivity, or attracting additional investment.
  4. Rapid Commercialisation: The competition is not just about ideas; it’s about turning those ideas into tangible products and services that can be rapidly commercialised. Your proposal should include a clear commercialisation strategy, detailing how your innovation will be brought to market quickly and effectively after the project’s completion.
  5. Knowledge Sharing: Collaboration and knowledge-sharing are fundamental to Media Cymru’s vision. Applicants are expected to actively share knowledge and project outputs with the broader media community, fostering a culture of innovation across the region.
  6. Alignment with Strategic Pillars: Every project must align with one or more of Media Cymru’s strategic pillars (Green, Fair, Global, Growth). This ensures that your innovation contributes to the overarching goals of the programme, whether that’s through promoting sustainability, increasing diversity, driving international partnerships, or enhancing regional economic growth.

Why Should Welsh Media Companies Apply?
The Media Cymru Scale Up Round 2 competition presents a unique opportunity for media companies in the Cardiff Capital Region to receive significant financial backing for their most ambitious and innovative projects. However, the benefits extend far beyond funding.

  1. Enhanced Visibility and Prestige
    Being selected for funding through this competition positions your company as an industry leader. It showcases your commitment to innovation and your ability to develop solutions that can compete on the global stage. This visibility can lead to further collaborations, partnerships, and investment opportunities.
  2. Global Reach
    Media Cymru’s commitment to international collaboration means that companies funded through this programme will have the chance to build relationships with global partners, expanding their reach and influence beyond the Welsh and UK markets.
  3. Driving Positive Change
    By aligning your project with Media Cymru’s strategic pillars, you’re contributing to a more sustainable, diverse, and innovative media sector. Whether it’s reducing the carbon footprint of media production or creating a more inclusive industry, your project can be part of shaping the future of media in Wales and beyond.
  4. Economic Impact
    Perhaps most importantly, successful projects will play a pivotal role in driving economic growth in the Cardiff Capital Region. By creating new jobs, attracting investment, and increasing productivity, your project can have a lasting positive impact on the region’s economy.

by Dayne Hodgson

Biomedical Catalyst 2024 Now Open

Innovate UK has announced the next round of its Biomedical Catalyst (BMC) competition, offering up to £15 million in funding for innovation projects aimed at addressing critical health and healthcare challenges. This industry-led R&D initiative provides a valuable opportunity for small and medium-sized enterprises (SMEs) to develop cutting-edge solutions, spanning from disease prevention to digital health technologies.

Focus Areas of the Competition
The competition is designed to foster innovation across a wide range of health-related areas. Projects are encouraged to focus on one or more of the following:
• Disease Prevention and Management: Projects that develop proactive strategies for managing health and chronic conditions, with the goal of improving long-term health outcomes.
• Early Detection and Diagnosis: Innovations that allow for faster, more accurate detection of diseases, leading to more effective treatments and better patient outcomes.
• Tailored Treatments and Cures: Research aimed at personalising treatments that target the root causes of diseases or offer potential cures for conditions that currently have limited treatment options.
• Transforming Healthcare Delivery: Projects that focus on improving the efficiency and effectiveness of healthcare systems, making them more accessible and responsive.
• Development of Digital Health Technologies: The advancement of digital tools to enhance patient care, monitoring, and self-care.
• Consumer-Focused Self-Care: Innovations that empower individuals to take charge of their health and well-being through accessible, consumer-focused products.

This broad scope ensures that a wide range of health and healthcare innovations can be supported through the competition, from cutting-edge biotechnology to revolutionary digital health platforms.

Eligibility Criteria for Projects
To qualify for the BMC competition, projects must meet several key criteria. First and foremost, projects must demonstrate evidence of both commercial and technical feasibility. This ensures that proposed solutions have a strong chance of reaching the market and making a tangible impact on healthcare systems.

Additionally, each project must:
• Have total project costs between £150,000 and £4 million.
• Not exceed a grant request of £2 million.
• Ensure that at least 50% of the project costs are covered by the SMEs if it’s a collaborative project.
• Be completed within a timeframe of 6 to 36 months.
• Be carried out entirely within the UK and aim to exploit results in the UK.
• Begin no later than 1st May 2025 and finish by 30th September 2028.
Lead Organisations and Project Teams

To lead a project, the organisation must be a UK-registered micro, small, or medium-sized enterprise (SME). This SME can either work alone or in collaboration with other UK-based organisations, including businesses of any size, academic institutions, charities, public sector organisations, and research and technology organisations (RTOs). Notably, academic institutions are not permitted to lead projects but can serve as collaborators.

Types of Eligible Projects
The competition supports a wide variety of R&D activities, from early-stage experimental research to the development and testing of new products. Eligible projects can include:
• Experimental Evaluation: Testing new solutions on a laboratory scale or using in vitro and in vivo models to evaluate proof of concept or safety.
• Prototyping and Product Development: Moving ideas from concept to prototype, and ultimately, to market-ready products.
• Clinical Trials: Demonstrating clinical utility, safety, and efficacy through early-phase (Phase 1 and 2) clinical trials.
• Regulatory Planning: Preparing for regulatory approval by engaging with relevant bodies early in the development process.

These projects should demonstrate how they can address significant health challenges while also improving the productivity and competitiveness of the SMEs involved.

Supporting a Portfolio of Projects
Innovate UK aims to fund a diverse portfolio of projects across different technologies and themes. This approach ensures that a wide range of innovative solutions have the opportunity to receive funding and make a meaningful impact on the UK’s healthcare sector.

Specific themes that the competition encourages include, but are not limited to:
• Advanced Therapies: Such as gene and cell therapies that represent the cutting edge of personalised medicine.
• Biosciences and Preclinical Technologies: Exploring new drug targets and mechanisms before they enter clinical trials.
• Medical Technology and Devices: Developing new tools for diagnosing and treating diseases.
• Digital Health: Pioneering new platforms and technologies that transform healthcare delivery, enhance remote monitoring, or improve patient outcomes.
• Independent Living: Supporting technologies that enable individuals, particularly those with chronic conditions or disabilities, to live more independently.

Competition Process
The BMC competition is a competitive process, meaning that not all projects will receive funding, even if they score highly. The competition closes at 11am on Wednesday, 16th October 2024. Projects that request grants of over £500,000 may be required to attend an interview as part of the assessment process.

Applicants are encouraged to review the specific details of the competition through the Innovate UK competition brief to ensure they are submitting the most accurate and relevant information: Biomedical Catalyst 2024 Round 1: Industry-led R&D

by Dayne Hodgson

Travel support for UK businesses to attend European events

Innovate UK has launched a travel support scheme designed to assist small and medium-sized enterprises (SMEs) in the UK in expanding their reach into European research and development (R&D) collaborations. This initiative, set to run throughout the second half of 2024, provides funding to enable SMEs to attend key European events focused on R&D and consortia-building.

Following the UK’s renewed association with Horizon Europe, this travel support aims to bolster international collaboration by ensuring that UK businesses remain visible and active participants in European research initiatives. SMEs are the backbone of innovation, and this initiative offers them a unique opportunity to expand their networks, secure partnerships, and contribute to major collaborative projects across the continent.

The industries covered under this initiative are wide-ranging, including space technology, sustainable urban mobility, and hydrogen energy, among others. Each event offers a platform for SMEs to engage with international counterparts, forming partnerships that could lead to new research breakthroughs and technological advancements.

One of the key benefits of this program is its role in removing financial barriers for UK businesses. Travel and accommodation costs can be prohibitive, particularly for smaller enterprises. Innovate UK's travel support offers up to £700 per company to cover these costs, enabling more businesses to participate in high-impact events without the burden of additional financial strain.

This initiative is viewed as a strategic tool to ensure that UK businesses remain at the forefront of global research collaborations. As Europe’s R&D landscape continues to evolve, especially with the Horizon Europe program driving significant funding and opportunities, it’s essential that UK SMEs are not left behind. By facilitating their involvement in European consortia, this initiative helps ensure that the UK remains a leader in research and innovation.

For more information, please visit: https://iuk.ktn-uk.org/news/travel-support-now-available/

by Dayne Hodgson