• Funding Friday with Chris Woodward @ Innovate UK Edge (RTO Catapult Grant)

  • Nov 18 2022
  • Length: 18 mins
  • Podcast
Funding Friday with Chris Woodward @ Innovate UK Edge (RTO Catapult Grant)  By  cover art

Funding Friday with Chris Woodward @ Innovate UK Edge (RTO Catapult Grant)

  • Summary

  • This episode focusses on the RTO Catapult grant.

    Innovate UK EDGE is a key part of the UK innovation agency’s deep investment in the pioneering businesses that drive economic growth. It is a publicly-funded, business support service available to all high potential small to medium sized innovation-driven companies, including Innovate UK grant winners.

    Innovative, ambitious businesses can benefit from the facilities and expertise provided by Catapults and Research & Technology Organisations (RTOs) through Innovate UK EDGE.

    RTOs are specialised not-for-profit knowledge organisations dedicated to the development and transfer of science and technology to the benefit of the economy and society. They include hubs, laboratories, test beds, factories and offices for cutting edge R&D. The Catapult network of technology and innovation centres established by Innovate UK supports businesses to transform great ideas into valuable products and services.

    Innovate UK Edge can offer applicants with a suitable project a grant for 100% of eligible costs to a maximum of £15,000.

    Businesses that are looking to grow & scale through innovation can use this grant funding to access Catapults and RTOs to:
    • Explore and test new product ideas
    • Seek technical expertise and specialist sector knowledge
    • Gain advice on regulatory and government processes as well as access networks of customers, services and funders
    • Receive sector-specific expert advice and support with market analysis; cost modelling; business‐case support; creation of industry‐relevant R&D project plans
    • Identify opportunities for R&D, collaboration, and partnership building
    • Receive support to commercialise their innovation, including improving efficiency, making their business operations more sustainable, or investigating market gaps.

    want more info? https://www.innovateukedge.ukri.org/

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