What funding is available for corporate innovation teams?
Innovation teams inside established companies can access most of the same UK funding as startups, with different terms. Innovate UK Smart Grants are open to companies of any size, though large companies are funded at a lower intervention rate, typically 50 per cent of project costs against 70 per cent for a small business. Collaborative R&D competitions actively favour consortia that pair a larger company with SMEs or universities, which suits corporate teams better than solo applications. R&D tax relief runs through RDEC for large companies, at a lower rate than the SME scheme but still material at scale. Knowledge Transfer Partnerships place a graduate or researcher in the business part-funded by government. The recurring constraint is that funders want work the company would not otherwise do, so business-as-usual product development rarely qualifies, and the strongest applications are the ones that can name the technical uncertainty the funding removes.
Funding for Every Stage of Innovation
From early-stage feasibility studies to large-scale collaborative R&D, there's funding available for your projects.
Collaborative R&D
Partner with other businesses, universities, and research organisations on groundbreaking projects.
Up to £10M+
Feasibility Studies
Get funding to explore the viability of innovative ideas before committing to full development.
Up to £100K
Industrial Strategy Challenge Fund
Access major funding for projects aligned with UK government priorities.
Up to £2M
Knowledge Transfer Partnerships
Connect with academic expertise through funded partnerships with UK universities.
Up to £250K
Why Innovation Teams Use Grant Funding
De-Risk Innovation
Grant funding allows you to pursue ambitious projects without putting company capital at risk.
Accelerate Timelines
Additional funding means you can hire more talent and move faster on R&D initiatives.
Build Partnerships
Many grants encourage collaboration, opening doors to valuable research partnerships.
Attract Top Talent
Grant-funded projects attract researchers and engineers excited by cutting-edge work.
What's Possible
A medical devices company secured £1.5M in collaborative R&D funding from Innovate UK. The grant enabled them to partner with two leading UK universities and develop a breakthrough diagnostic technology. EchoGrant helps you find opportunities like this.
£1.5M
Funding Secured
2
University Partners
18mo
Project Duration
Built for Innovation Teams Like Yours
Built by grant specialists who have helped UK innovation teams secure over £50m in R&D funding, EchoGrant brings that expertise into an AI-powered platform — so you can find the right opportunities and build stronger applications, faster.
- Track 200+ active Innovate UK competitions, updated in real time
- UKRI and research council funding opportunities
- Sector-specific innovation grants across all industries
- International collaboration funding including Horizon Europe
Popular Innovation Funding Programmes
Innovate UK
Smart Grants
High-risk, high-reward innovations with strong commercial potential
EU/UK
Horizon Europe
International collaborative research
UKRI
Industrial Strategy Challenge Fund
Major national priority areas
Innovate UK
Catapult Programmes
Sector-specific innovation centres
Innovate UK
Knowledge Transfer Partnerships
Academic-industry collaboration
BEIS
Net Zero Innovation Portfolio
Clean energy and sustainability R&D
Frequently Asked Questions
Get answers to the most common questions about EchoGrant and UK grant funding.