With economic indicators highlighting a flat economy through 2023 and growth forecasts for 2024 looking gloomy, it would be understandable if business owners played it safe. However, there are opportunities out there and ambitious entrepreneurs will still be looking to maximise their potential whilst competitors stand still. Also, there is no shortage of new ideas, … Read more
This week there are a number of exciting UK small business grants options, highlighting new schemes from the European Institute of Technology (EIT), Innovate UK, International Collaboration Funding, and Tech Funding, empowering you to unlock the finance you need to propel your business to new heights. Here are a few examples of the latest new … Read more
This week 14 November 2023, the spotlight is on a number of newly added small business grants for the UK, covering the SBRI programme’s focus on cutting-edge technologies, the Innovate UK Launchpad Clusters, the latest smart innovation grants and the UK Space Agency’s support for aerospace endeavours in the UK and Europe. Here are some examples … Read more
One of the primary hurdles for innovation grant consultants is finding suitable prospects for new innovation grants, a challenge frequently discussed in our client meetings. To tackle this issue, we are working on a solution to construct a business profile of successful Innovate UK grant winners based on the characteristics of past similar grant recipients. … Read more
There has been a focus on transport, rural, local improvements and environment tech grants for the week 30th October to 3rd November 2023. Here are some examples of the latest grants featured this week. The UK government launched a new round of the Freight Innovation Fund 2024 to support freight coming at British Ports and … Read more
It’s very important for your business to keep innovating to beat the competition, especially in marketing your services in the highly competitive grants industry. When other firms make new product and service breakthroughs it’s equally important that you can take advantage of them. In our case, we’ve added new white labelling features to our custom … Read more
In the third and final part of this 3-part blog we look at grant funding amounts, Innovate UK sectors and the types of businesses for projects started in 2021. How much funding are businesses getting? Projects that received funding of between £100,000 to £250,000 were the most common at 31.2% of the total in 2021. … Read more
In the second part of this 3-part blog we look at regional funding picture for projects started in 2021. Which regions are getting the most or least funding? London, the South East and East of England were the top three funded regions in 2021 with 572, 509 and 314 projects respectively. London and the South … Read more
The government announced a 66% funding increase in core Innovate UK programmes to £1.1 billion in 2024-2025 so it’s important to know if your type of business and the innovation project you are thinking of typically get Innovate UK funding. Innovate UK’s 5 year plan which covers the years 2021 to 2025, has the future … Read more
The issue of fraudulent claims during the government backed Covid19 loans (BBILS and CBILs) has been an ongoing story in politics and the media. Also, the increased focus on taxation, as a result of the government’s recent mini-budget, has added to an overall climate of HMRC vigilance particularly in relation to businesses. This background is … Read more