Affordable, flexible loans for later-stage R&D

Industry News | 01.10.2018

Affordable, flexible loans for later-stage R&D

Innovate UK is to offer up to £10 million in loans to SMEs for innovative late stage projects.  This is the final scheduled competition in the Government's £50 million innovation loans pilot programme.

The aim of this competition is to provide affordable, flexible repayment loans to help SMEs to undertake later-stage game-changing innovations with strong commercial potential across any sector or industry.  The deadline for registration for this Open Innovation Loans competition is 14th November and the application deadline is noon on 21st November 2018.  Find out more here.

Briefing events will take place across the UK during October to provide full details and competition scope. Register for an event near you.

Liverpool, Sensor City on 10th October

Oxford, Begbroke Science Park on 15th October

Port Talbot, on 16th October

Belfast, TechStartNI on 18th October

London, America Square Conference Centre on 19th October

Online webinar on 19th October

Glasgow, Strathclyde University (TBC)

Each briefing event organised by KTN, Innovate UK and EEN will provide background information on innovation loans and the approach to credit decision-making from Innovate UK, advice on how to prepare a compelling project application from the Knowledge Transfer Network and discussion on sources of funding for growth through innovation from the Enterprise Europe Network and local members of the innovation ecosystem.


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