Innovate UK launches £500k funding competition

A £500,000 funding competition has been launched across the UK to help develop innovative solutions that will see businesses leaders, management and employees be able to better access the information they need to improve their productivity.

Run by Innovate UK, alongside the Productivity Leadership Group, the competition will provide project grants of up to £110,000 (inc. VAT) for successful applicants. Applications can come from organisations of any size.

Through the competition, Innovate UK and the Productivity Leadership Group aim to increase productivity across a large number of business, which, it is hoped, will have a significant impact on the economy.

Projects that are successful in their application for a share of the funding, should be able to complete the work by Friday 30 March 2018.

The deadline for applications is 12pm on Wednesday 20 September 2017.

Visit the Innovation Funding Service website for more information and to see the types of solutions that are being encouraged.

To apply for a share of the funding, visit the Innovate UK website.

Contact the Sheffield City Region Growth Hub Gateway on 03330 00 00 39 or email growthhub@sheffieldcityregion.org.uk for other information on how you can grow your business.