Innovate UK supports UK-based businesses to invest in research, development, and innovation through grant funding, loans, or procurements. You can browse and apply for funding opportunities through their Innovation Funding Service.
Various types of funding opportunities are available throughout the year. Each opportunity has its own eligibility criteria and scope. The Innovation Funding Service has information on what funding opportunities are available and which ones may be right for you.
It is important that you read the full eligibility, scope, and guidance for a funding opportunity before you apply.
See: Innovation competitions - Innovation Funding Service (apply-for-innovation-funding.service.gov.uk)
New research on companies claiming Research and Development (R&D) tax credits shows the value of tax relief support was £8.2 billion, an increase of 5%, while the number of R&D tax credit claims decreased by 17% for 2024-25.
Small businesses can now benefit from a new electricity-cost relief scheme that was launched on 1 October. Applications close on 30 November 2026.