In the UK, there is over £10 billion allocated for research and innovation funding each year. The UK’s innovation agency, Innovate UK, is responsible for the allocation of this funding. They run regular competitions to provide funding of between £25,000 and £10 million to people with innovative ideas. Prospective applicants must write a bid to enter Innovate UK's competitions. You can write this bid yourself, but grant funding is complex and extremely competitive, with applications taking an average of 6-10 weeks to complete. Therefore, many choose to hire an external bid writer, who acts as an intermediary between the applicant and Innovate UK. The services offered by bid writers are often inclusive of other perks, as highlighted below:

Assess your idea

Once the services of a bid writer are secured, they take you through a workshop session to better understand your project, its technical problems, solutions, commercial prospects, market aspects, the team and financial estimates. Following this, they will employ assessment techniques to determine the relevance of the project. They consider its technical, financial and commercial aspects to give you feedback on the chances of success.

Write the grant application

After understanding the project and assessment, they conduct further research and create a bid on your behalf for approval.

Prepare a financial plan

If the previous step is agreed upon, they then prepare a financial plan based on the data collected from research.

Reviewing and improving the proposal

They then review the client’s proposal to ensure it's of the highest standard possible. This involves evaluation against set standards of proposal writing as well as the specific competition criteria.

Submit the grant application

Finally, they handle the creation of accounts for submission and submit the proposal on your behalf. Once they receive feedback from Innovate UK, they inform you of the success or failure of the bid.

Advise and assist with compliance of the grant conditions

If the proposal is accepted and the grant provided, you will be taken through another workshop session to learn about the terms of the grant and how to comply. Your bid writer will maintain contact to monitor compliance and offer aid if there is any difficulty in the implementation of terms.

RedKnight’s team of specialist grant bid writers has over 50 years’ combined experience, working with over 150 organisations and accessing more than £50m of grant funding. Our services include assessment of your chances of success, grant writing, preparation of a financial plan, bid writing, submission, and provision of feedback. In addition, we offer a number of further services relating to bid writing: workshops and consultancy to aid in the collection of data, market research, and project evaluation and review.

We are proud to offer support throughout the entire application process. Customised packages may also be available on request, so please contact us if you have any specific enquiries. We look forward to hearing from you soon.