Analysis for Innovators Funding Competition

Businesses in the UK can apply for a share of £6.5 million to work with world-leading organisations on solutions to analysis/measurement problems.

IUK has allocated up to £3 million to fund innovation projects in this competition. IUK’s partner organisations will contribute up to £3.5 million, making a total of £6.5 million. Successful applicants can attract grant funding towards their eligible project costs. There are two streams for funding:

Stream 1: For eligible project costs to be up to £50,000 in total for both the applicant and the funding partner, the awardee can receive 100% funding under the de minimis scheme

Stream 2: For eligible project costs to be £50,000 or above in total for both the applicant and the funding partner, the awardee can receive funding for a percentage of the total costs. Stream 2 funding also applies where the applicant expects eligible projects costs to be under £50,000 but where they are not eligible for funding under the de minimus scheme.

The rules for this funding stream are different from other IUK collaborative competitions. Applicants can receive funding for a percentage of both their costs and the costs of the expertise from funding partners, but they must pay the remainder themselves; both their own costs and those of their funding partners.

IUK expects projects to last 3 to 11 months, ranging in size from total costs of £50,000 to £250,000, depending on the type of project. IUK may consider larger projects but applicants should discuss this with IUK before making an application.

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