TBAT Innovation

TBAT Innovation are a Made in the Midlands Friend Member

Innovate UK - due to break down funding barriers this May

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Following on from our successful grants and R&D Tax Credits claims, we frequently get asked about alternative funding options by our clients. TBAT are currently looking at alternative funding options, so we were delighted to hear what Innovate have in store for May…

Accelerating innovation with public and private investment

Win full project costs up to £150k!

Competition opens: 8th May 2017

Registration and application deadline: 28th June 2017

This competition aims to bring private investors into Innovate UK grant-funded companies earlier. It should give applicants greater confidence that investment will continue, remove the need to chase additional investment and match funding, and award direct access to commercial acumen and market opportunities.

Funding available and eligible projects
There is £3 million of grant funding and £1.25 million of private equity investment for infrastructure systems projects. This includes:

  • smart infrastructure
  • energy
  • urban living
  • connected transport

A further £3 million of grant funding and £1.25 million of private equity investment is available for projects related to health and life sciences. This includes:

  • agriculture
  • biosciences
  • health

Projects should last up to 12 months and range in size up to total cost £150,000

  • single SMEs only should apply
  • a total of 100% of project costs will be provided

To apply you will need to choose an investor partner based on their interests for this competition.? For further information on these, click here.

Don’t forget these

Despite the closing of some excellent funding competitions, there are still some open and up for grabs…

Innovate UK: Connected and autonomous vehicles UK (CAV) test bed

Up to £8.5m and open now!

Biomedical catalyst 2017 – Round 2 late stage


Up to £2.8m available and open now!

If you have any projects you would like to be considered for these competitions please get in touch to discuss further.