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Grants Watch: June 2024

A warm welcome to the June 2024 issue of Grants Watch, GrantTree’s monthly roundup of the most exciting grant funding opportunities for UK businesses.

This edition features competitions for:

  • Women working in innovation
  • HealthTech companies in West Yorkshire
  • Organisations focused on quantum computing
  • Innovative SMEs in a wide range of sectors

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Europe Quantum Technology CR&D 2024

Funding available: Up to £3 million
Deadline: 28 August 2024 at 11 am

The Europe Quantum Technology Collaborative R&D competition offers grants of up to £600,000 to UK companies working on quantum computing projects with businesses in EU member states.

This competition is funded by the UK Government’s International Science Partnerships Fund (ISPF), which helps foster partnerships between UK and international researchers on four major themes: planet, health, technology and talent.

To qualify for this competition, your project must:

  • Start by 1 December 2024
  • End by 31 May 2026
  • Last between 12 and 18 months

Request an eligibility assessment.

Future Leaders Fellowships: Round 9, Business and Non-Academic

Funding available: Up to £3 million
Deadline: 25 June 2024 at 11 am

UKRI is offering at least four years of funding to allow individuals to pursue “ambitious programmes of innovation” that solve novel and difficult challenges.

Designed to cultivate the next generation of innovation leaders, the Future Leaders Fellowships competition will provide successful applicants with a range of opportunities and resources to help them become an important figure in their field.

Prospective leaders must be based at, or have support from, an eligible non-academic host organisation. A host organisation must be a UK-registered:

  • Agri-tech centre
  • Business
  • Catapult
  • Charity
  • Eligible research organisation
  • Public organisation

Applications must be submitted by host organisations. Projects must start on or after 1 September 2025.

Request an eligibility assessment.

Innovate UK Smart Grants: April 2024

Funding available: Up to £700,000
Deadline: 24 July 2024

Innovate UK’s Smart grants competition is a highly competitive scheme designed to help cutting-edge SMEs drive projects towards commercialisation.

Unlike most competitions, Smart is industry-agnostic, meaning businesses from any sector can apply, so long as your project is innovative enough.

To apply for Smart, you must be:

  • A UK SME or working with one
  • Working on a disruptive project
  • Start your project by 1 January 2025
  • Carry out all project work in the UK
  • Intending to exploit the results of your project here

Request an eligibility assessment.

New Innovators in Health Technologies, West Yorkshire

Funding available: Up to £50,000
Deadline: 17 July 2024

Innovate UK is offering grants of up to £50,000 to help HealthTech businesses in West Yorkshire develop innovative solutions.

The New Innovators in Health Technologies, West Yorkshire competition has a funding pot of £500,000, which can support up to 20 projects.

To apply, your company must be a micro or small enterprise. You can’t apply if you’ve received either a grant or an Innovation Loan from Innovate UK before.

Your project must:

  • Have total costs of £25,000 to £50,000
  • Last three to six months
  • Start between 1 November 2024 and 1 February 2025
  • End by 30 April 2025

Request an eligibility assessment.

Women in Innovation Award 2024/25

Funding available: Up to £75,000
Deadline: 10 July 2024

Innovate UK is offering grants of £75,000 and bespoke support business packages to enable up to 50 women working at UK SMEs to bring their exciting and innovative ideas to fruition.

Through the Women in Innovation Award, Innovate UK is looking to award a diverse range of winners that:

  • Can be relatable role models for women from all backgrounds
  • Represent all regions of the UK
  • Are solving a range of economic, social and environmental challenges 

Innovate UK is looking to give grants to women at “a critical stage”, where “the injection of support from an award will accelerate the growth of their business.”

Qualifying projects must start on 1 December 2024 and end on 30 November 2025.

Request an eligibility assessment.

Let Us Connect You With Funding

If you’re interested in any of the options listed above and want to explore your eligibility further, GrantTree’s experts are here to guide you.

We offer a free and unbiased assessment of your suitability for a wide range of grant programs, connecting you with the best opportunities for your business.

Take the first step towards grant funding by booking your complimentary eligibility assessment today.