The Innovate UK Unlocking Potential Award programme
aims to remove barriers to accessing finance that
businesses need to launch innovative ideas or projects.
This is often focused on innovators from groups that are
often under-represented or overlooked.
This program offers two levels of support ‘Begin’ provides
access to £15,000 to kick-start your innovation journey.
‘Build’ offers £50,000 in funding, along with personalised
support to encourage business growth.
To apply for the Innovate UK Unlocking Potential Award,
you must identify with a community that is currently
considered to be under-represented in the innovation
ecosystem.
You must also be a founder, co-founder or senior decision
maker within a UK-registered micro, small or medium
business that has been active for at least 12 months by the
award closing date. You must also be able to prove you are
a UK resident, carry out all project work in the UK and
exploit the results from or in the UK, and be aged 18 or above.
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