Deadline: 19-Oct-22
Innovate UK, as part of UK Research and Innovation, is offering up to 50 Women in Innovation Awards to women entrepreneurs across the UK.
The aim of this competition is to find women with exciting, innovative ideas and ambitious plans that will inspire others. The awards are for women founders, co-founders or senior decision makers working in businesses that have been operating for at least one year.
Funding Information
- Each award will provide £50,000 of funding. Awards must start on 1 April 2023 and will last for one year.
- Innovate UK has allocated up to £2.5 million for up to 50 awards at £50,000 each. They will also provide a bespoke package of mentoring, coaching and business support.
- The funding will be paid in 3 increments:
- £33,333 upfront in April 2023
- £11,667 at the mid-point in October 2023
- £5,000 at the end of your project on receipt of a completed statement of expenditure by April 2024
Eligibility Criteria
- Your award must:
- have a total grant funding request of £50,000
- start on 1 April 2023
- end on 31 March 2024
- last for 12 months
- Lead Organisation
- To be eligible for an award you must:
- be a woman founder, co-founder or senior decision maker within a UK registered micro, small or medium (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
- intend to exploit the results from or in the UK
- be legally and contractually able to use the funding
- be available to 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.
- be fully committed to volunteer as a role model for up to 5 days over the duration of the award
- To be eligible for an award you must:
For more information, visit https://apply-for-innovation-funding.service.gov.uk/competition/1259/overview/83fc2fdf-3884-416e-b8bf-e434a8cd8d82