Innovate UK runs collaborative R&D funding competitions to solve specific technical or societal challenges. Project funding from £25,000 to £5 million or more is available from Innovate UK to fund a research and development (R&D) programme. This funding can be used to test and develop a new product, process or service. Grant levels vary but businesses typically receive 50 to 60% of their project costs.

Projects are predominantly business led and can be a consortia of partners including multiple business and academic partners.

Each funding competition has a different theme and opening dates and deadlines vary, but a list of open and forthcoming calls can be found at: interact.innovateuk.org