Innovate UK: Innovation Vouchers Round 10 – Now open

The Innovation Voucher scheme is designed to help businesses gain the knowledge they need to innovate and grow.

An Innovation Voucher can help your business to work with an external expert for the first time by paying towards the cost of their services.

We are providing Innovation Vouchers for start-up, micro, small and medium-sized enterprises to work with ‘knowledge suppliers’ such as:

– universities and further education colleges
– research and technology organisations
– technical consultancies
– Catapult centres
– design advisers
– Intellectual Property advisers.

Innovation Vouchers will be available to businesses that are aiming to work on ideas applicable to one of our priority themes.

What will we fund?

The Innovation Voucher can enable your business to access knowledge for all types of innovation – for example:

– ideas for new or improved products, processes and services
– using design to improve your ideas
– managing your Intellectual Property.

However, you need to be clear that accessing this knowledge will help your business address a real challenge, not just a small improvement or change to what you currently do.

Innovation Vouchers help you to obtain expert advice from a knowledge supplier you haven’t worked with before, not to fund general business needs such as training or equipment.

More information about the application process can be found here.

Award: Up to £5k funding for SMEs
Opens: 10 Nov 2014
Closes: 21 Jan 2015