There’s so much information for businesses to digest at the moment and one of the queries we’ve had from a few different members is around funding opportunities. To help, we’ve put together a list of some of the main Research and Innovation (R&I) funding opportunities available.
Obviously, this is a really busy time for everyone, including our academics. So if you’re interested in collaborating on any funding opportunities, then please get in touch and we’ll be happy to talk through options available.
COVID-19 related funding opportunities
UKRI funding for ideas that address COVID-19
UK Research & Innovation (UKRI) have established a fund for businesses and research organisations to apply for grant funding for short-term projects addressing and mitigating the health, social, economic, cultural and environmental impacts of the COVID-19 outbreak.
UKRI will support excellent proposals up to 12-18 months duration which meet at least one of the following:
- new research or innovation with a clear impact pathway that has the potential (within the period of the grant) to deliver a significant contribution to the understanding of, and response to, the COVID-19 pandemic and its impacts.
- supports the manufacture and/or wide scale adoption of an intervention with significant potential
- gathers critical data and resources quickly for future research use
Non-COVID-19 related funding opportunities
Innovate UK R&D funding opportunities
Innovate UK is still operating many of its standard grant funding programmes for business-led R&D. These include:
- Smart Grants: for businesses to develop game-changing and commercially viable innovative or disruptive ideas. Businesses can apply on their own or as part of a consortium. Total costs can be up to £500,000 for single applicants, or up to £2 million for collaborative projects. Deadline for the current round is 12pm on 27 May.
- Industrial Strategy Challenge Fund (ISCF)
- Global Challenges Research Fund (GCRF)
- Small Business Research Initiative (SBRI)
Future Leaders Fellowships
Future Leaders Fellowships is a £900 million fund that is helping to establish the careers of world-class research and innovation leaders across UK business and academia. Businesses will benefit from:
- Funding of up to £1.5 million over a four-year period, but with considerable flexibility available.
- The ability to attract an individual, or develop an existing employee, who will help create innovative solutions for their business. This could include bringing the most talented international innovators to work in their business in the UK.
There are a wide variety of Innovate UK funding calls that are sector/niche focused.
Women in Innovation 2020: new funding announced
Through the Women in Innovation Awards, established by Innovate UK, £500,000 will be provided to pioneering female entrepreneurs to develop innovations such as those to tackle climate change, developing new treatments and services for healthcare patients and cleaner transport. Find out more here.
Knowledge Transfer Partnerships (KTP)
The KTP scheme continues to operate, helping businesses in the UK to bring in new skills and the latest academic thinking to deliver a specific, strategic innovation project through a knowledge-based partnership with an academic and a graduate recruit. To find out more about the KTP scheme and opportunities to partner with the University of Leeds, more information can be found on the University of Leeds website.
Connecting Innovation follows on from the successful Access Innovation scheme in the Leeds City Region. It builds upon the successes and challenges of Access Innovation by providing a dedicated and specialist innovation support and brokerage service that coordinates, simplifies, promotes and communicates the innovation landscape to small-medium enterprises in the City Region. The scheme launched in April 2020, so check the West Yorkshire Combined Authority (WYCA) website or contact them for the most up-to-date details.
Interested in collaborating on any funding opportunities? Get in touch and we’ll be happy to talk through options available.