Where can UK businesses find grants for innovation and development?

[Startup Questions]

With so many threads right now being about grants - why not help out the community by answering these grant related questions.

[James]

As someone who has worked with various startups, I know how vital innovation and development grants can be for business growth in the UK. A great place to start is the UK Government's official grant page. They provide a range of funding opportunities through initiatives like the Innovate UK programme, which specifically supports innovation across different sectors.

There are also opportunities through various local authorities and regional development agencies, which often offer funding tailored to specific industries or areas.

Another useful resource is the European Regional Development Fund (ERDF), which often provides grants to support businesses in developing new products and technologies.

On the Startup Networks platform, we also have a Grants Directory that highlights available funding for startups, from general innovation grants to sector-specific ones like R&D Tax Credits and Technology Grants.

If you're unsure about where to start, I’d recommend reaching out to an advisor or mentor who can help navigate the application process. It can feel overwhelming, but breaking it down step by step, and aligning your project with the goals of each grant, will definitely give you the best chance for success.

Hope that helps!

[Rupert1981]

Would love an answer to this desperately need to seek grant fundraising potentially if bootstrapping doesn't pan out.