Innovate UK: Funding the startups of the future

Do you have an innovative technology and are looking for seed funding?

Innovate UK works to find and drive the science and technology innovations that will grow the UK economy. It has become the primary conduit for UK Government to deliver R&D grant funding for businesses of all sizes in the UK and supports business across all economic sectors, value chains and UK regions to turn ideas into commercially successful products and services. They drive growth by working with companies to de-risk, enable, and support innovation.

This programme provides between £25,000 to £10 million of non-dilutive grants per project and typically funds feasibility studies, proof of concepts, and development projects.

UK-based businesses or research organisations can compete for government-backed funding to:

  • Research and develop a process, product or service
  • Test innovation ideas

We help you to win Innovate UK funding:

  • Reduce the risk and uncertainty of bringing ideas to market
  • Shape business plan in line with market demands
  • Identification and mitigation strategies of market and development barriers, including IP landscape and competitor analysis
  • Technical feasibility of the product/technology and Work Plan development
  • Stakeholder identification and engagement

Our mission is to support our clients to develop and market innovative products and services.

Fen Technology is a New Product Development company created in Cambridge, England in 2002. It is part of the Inspiralia Group and looks after the UK market.  In the last 15 years, Inspiralia has raised more than £400 million for 700 of its clients and it is now offering this experience to UK companies.

We offer support throughout the whole 360º innovation cycle, from business plan development to securing funding, to technical development, to market launch. We enable disruptive innovation that directly impacts our client’s profitability. Our experience in innovation consultancy combined with our in-house laboratories makes our offer unique.

If you seek a partner to develop innovative solutions and grow your business through technological innovation, Fen Technology is your partner of choice.

During the month of June, we are offering both a free webinar for interested companies to get more familiar with the Innovate UK programme as well as personalised 1-2-1 meetings where we assess your project’s eligibility without any cost.

More information and registration here, or contact Caroline González at

2020-06-10T14:38:09+02:00 June 8th, 2020|0 Comments