Innovate UK

Innovate UK is the UK’s innovation agency, accelerating economic growth. An executive non-departmental public body, Innovate UK is sponsored by the Department for Business, Innovation & Skills.

Taking a new idea to market is a challenge. Innovate UK fund, support and connect innovative businesses through a unique mix of people and programmes to accelerate sustainable economic growth.

Innovate UK’s responsibilities are to provide new support for innovative small and medium-sized enterprises (SMEs) with high-growth potential; make sure that government initiatives such as SBRI (Small Business Research Initiative) attract innovative UK businesses and give companies access to important customers in the public sector; identify and invest in the sectors that have the greatest potential for innovation to speed up economic growth; and help innovative companies work with their backers so their ideas can be developed commercially.