Funding opportunity

Funding opportunity: Innovation continuity loans: Strand 2 October 2020 follow-on competition

Innovate UK can provide additional COVID-19 innovation continuity loans for the continuation of planned or existing innovation activity.

Eligibility

Innovate UK can fund organisations who are at risk of not continuing innovation activity due to a sudden shortage or even unavailability of funds directly related to COVID-19.

To take on an innovation continuity loan for a project you must:

  • be a UK registered micro, small or medium-sized enterprise (SME) or a third sector organisation
  • be following on innovation and commercialisation activity from a project with an Innovate UK award that was completed in the last 36 months. An existing award does not guarantee success
  • be facing a sudden shortage or even unavailability of funding resulting directly form the COVID-19 pandemic
  • carry out your project in the UK
  • give evidence that your organisation is suitable to take on a loan

Please note, this funding opportunity is hosted on the Innovation Funding Service. Read full details: Innovation continuity loans: Strand 2 October 2020 follow-on competition

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