Helping companies innovate is essential to a country’s economic health and development. That’s why governments across the globe have mechanisms in place to maintain a skilled workforce, attract companies, and promote inward investment.
The UK is no different. It has a variety of funding streams available for innovative companies. The primary innovation fund is Innovate UK.
What is Innovate UK?
Ayming has many years of experience and extensive knowledge of innovation grants, writing competitive funding applications, and creating business plans. We work hand-in-hand with your team to create the best application possible. We aim to significantly improve your chances of winning Innovate UK funding.
Innovate UK 2025 Strategic Delivery Plan
Innovate UK’s 2025 Strategic Delivery Plan outlines a commitment to driving business innovation for a more robust and sustainable UK economy. The plan prioritises funding in three key domains—Net Zero, Healthy Living & Agriculture, and Digital & Technologies—aiming to incentivise innovation and private sector investment in these areas to address global challenges.
Net Zero Research and Innovation Delivery Plan
There has been significant growth in grant funding opportunities linked to the government’s Net Zero Strategy, with the government investing around £4.2b in net-zero research and innovation up to 2025, including £1b in the Net Zero Innovation Portfolio to fund low-carbon technologies. £289m is also available in CapEx grants via the Industrial Energy Transformation Fund, which reduces high energy use businesses to transition to net zero. Other major schemes include OFGEM’s Strategic Innovation Fund, with £450m for the energy sector and £240m from the Net Zero Hydrogen Fund to support green hydrogen production.