£20m Innovate UK Transformative Technologies fund

£20m Innovate UK Transformative Technologies fund

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There is up to £20m of funding specifically targeted at small and micro businesses in the UK that have never been funded by Innovate UK. The focus is technologies that are transforming the future of our society and economy.

Working with business, Innovate UK has identified huge opportunities for companies in Semiconductors, Future Telecoms, Artificial Intelligence, Engineering Biology, Quantum and Sustainable Manufacturing to lead the charge in UK becoming an Innovation Nation.

This new Innovate UK transformative technologies competition will mean that small and micro companies throughout the UK can accelerate the development of the products, services and systems that will underpin our future economy. It is ambitious, rapid support with funding awarded in advance of projects starting.

– Mike Biddle, Executive Director, Net Zero, Innovate UK

The scope for each identified industry sector is outlined below; on the Agri-TechE site we have listed the relevant options.

Future Telecoms

  • Projects must apply innovation from at least one technology area utilising distributed computing, multi agent systems or the application of AI into networking technologies. Funding in the competition will support new business models and innovation within both wired and wireless communications. Application areas include but are not limited to: neutral host networks, citizen WI-FI, mesh networks, energy efficient networks and Satellite and Non terrestrial networking solutions. We encourage projects to build on or contribute to open standards development and / or the extension of OpenRAN.

Artificial Intelligence Assurance

  • Development of novel solutions and processes to advance trust in the compliance and risk of AI systems. Proposals must deliver a clear, game-changing intervention and focus on one or more of the following: Auditing; Impact assessment or evaluation; Reliability and robustness testing.

Engineering Biology

  • Innovation that harnesses advances in biology, and the engineering of biological systems and organisms, to address challenges and improve productivity in
    • human and animal health, from discovery to manufacture
    • environmental solutions, sustainability and cleaner manufacturing processes
    • food security or biosecurity
  • Develops new tools, products, services or processes that exploit engineering biology techniques
  • Supports skills development in the broader engineering biology ecosystem, in areas such as in precision fermentation and scale-up

More info can be found here; applications close 29th March 2023.



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