This funding opportunity, offered by Innovate UK in collaboration with the Investor Partnership competition, aims to support UK-registered SMEs through grant funding combined with private investment. The focus is on fostering innovation in clean energy and climate technologies. Successful applicants will receive funding alongside investment from a pool of selected investor partners.

Funding Details

The total fund available is £30,000,000. This substantial investment aims to drive innovation and growth within the UK's clean energy and climate technology sectors. The funding is designed to support projects that demonstrate significant potential for commercialization and impact.

The application process opened on May 2, 2025, at 9:30 am UK time, providing a window for eligible SMEs to prepare and submit their proposals. The closing date for applications is July 2, 2025, at 11:00 am UK time. Applicants should ensure timely submission to be considered.

This funding is categorized as 'Other', indicating a unique structure that combines grant funding with private investment. This approach aims to provide comprehensive support, leveraging both public and private resources to maximize impact.

Eligibility Criteria

This competition is exclusively open to single applicants. Collaborative projects are not eligible under this specific funding call. Ensure your application is submitted by a single, qualifying entity.

To be eligible, your organization must meet the following criteria:

• Be a UK registered micro, small or medium sized business (SME).

• Carry out its project work in the UK.

• Intend to exploit the results from or in the UK.

• Have been invited to apply by an investor from our pool of selected investor partners.

Meeting all these eligibility requirements is crucial for your application to be considered. Pay close attention to each criterion to ensure compliance.

Project Focus

The primary focus of this funding opportunity is on clean energy and climate technologies. Projects should demonstrate a clear alignment with these areas, contributing to the development and deployment of innovative solutions. Proposals should outline how the project will advance the field and address key challenges.

Successful projects will likely demonstrate a strong potential for commercial exploitation and impact within the UK. The intended outcomes should be clearly articulated, with a focus on how the project will contribute to economic growth and environmental sustainability. Proposals should highlight the potential for job creation and market expansion.

Projects should also emphasize the exploitation of results within the UK, ensuring that the benefits of the research and development are realized domestically. This includes manufacturing, job creation, and the development of local supply chains. The project's contribution to the UK economy should be clearly demonstrated.

Application Process

The first step in the application process is to be invited to apply by an investor from the pool of selected investor partners. This invitation is a prerequisite for eligibility. Engage with potential investors early to explore opportunities for collaboration.

Once invited, applicants should prepare a comprehensive proposal that addresses all the requirements outlined in the Innovation Funding Service. The proposal should clearly articulate the project's objectives, methodology, and expected outcomes. Ensure all sections are completed thoroughly and accurately.

Submit your application before the deadline of July 2, 2025, at 11:00 am UK time. Late submissions will not be considered. Allow ample time for the submission process to avoid any last-minute issues.