United Kingdom Research and Innovation

Innovate UK innovation loans future economy: Round 20

Last update: Mar 13, 2025 Last update: Mar 13, 2025

Details

Location:UK
UK
Grantmaking entity: Innovate UK
Grantmaking entity type:Government / Public Sector
Status:Closed
Budget: GBP 25,000,000
Award ceiling: GBP 2,000,000
Award floor: GBP 100,000
Sector:Macro-Economy & Public Finance, Private Sector & Trade
Languages:English
Eligible applicants:Private Sector
Eligible applicant countries: UK
UK
Date posted: Mar 13, 2025

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Associated Awards

Description

Innovate UK innovation loans future economy: Round 20Opportunity status: OpenFunders: Innovate UKFunding type: LoanTotal fund: £25,000,000Award range: £100,000 - £2,000,000Publication date: 12 March 2025Opening date: 6 March 2025 9:30am UK timeClosing dat
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grant Background

About the Funding Agency

UK Research and Innovation (UKRI) is the national funding agency investing in science and research in the UK.

Operating across the whole of the UK and with a combined budget of more than £6 billion, UK Research and Innovation is bringing together the seven Research Councils, Innovate UK and a new organisation, Research England.

UK Research and Innovation will be an independent organisation and a strong voice for research and innovation, both to government and internationally, and will be supported and challenged by an independent chair and board. We intend to be an outstanding organisation that ensures the UK maintains its world-leading position in research and innovation. We will do this by creating the best environment for research and innovation to flourish.

About the Sectors

Macro-Economy & Public Finance

Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.


Key areas:
  • Macroeconomic analysis and policy support
  • Public finance management (PFM)
  • Government budgeting, taxation, and debt management
  • Economic growth and development strategies

Private Sector & Trade

Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.


Key areas:
  • Private sector development and SME/MSME support
  • Entrepreneurship, start-ups, and business growth initiatives
  • Trade facilitation, import/export, and market access
  • Commerce, retail/wholesale, and free trade mechanisms

Locations

UK

The United Kingdom invests in rail modernization, renewable energy expansion, digital infrastructure, and regional transport connectivity to support economic growth. Major programs include high-speed rail development, offshore wind projects, and urban transit upgrades. Infrastructure financing combines public expenditure, private sector participation, and regulated asset models. Decarbonization targets, regional inequality, and productivity enhancement shape long-term infrastructure priorities.

Nr. of tenders: 23386
Nr. of grants: 10388
Nr. of donors: 770
Nr. of jobs: 490
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