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Innovation Loans for SMEs: apply for funding

Tuesday, 09 July 2019
Posted by Blaenau Gwent

Innovation Loans for SMEs: apply for funding

Innovation Loans for SMEs: apply for funding

Organisations can apply for a share of £10 million to work on highly innovative, late stage projects.

Following the success of the Innovation Loans pilot programme throughout 2018, the programme is being extended to the end of 2020 with an additional £25 million available for business innovation projects in 2 further competitions.

Loans will be used to help businesses to support cutting-edge innovations become successful commercial realities.

Previous successful applicants of Innovation Loans include:

In this current competition, a share of £10 million is available through Innovate UK, part of UK Research and Innovation, for micro, small or medium-sized enterprises (SMEs) for highly innovative, late stage projects with the most game-changing ideas and concepts.

Blaenau Gwent; home of the Ebbw Vale Enterprise Zone