Innovate UK is part of UK Research and Innovation, a non-departmental public body funded by the UK government. We drive productivity and economic growth by supporting businesses to develop and realise the potential of new ideas, including those from the UK world-class research base.
With a strong business focus, we drive growth by working with companies to de-risk, enable and support innovation.
We connect businesses to the partners, customers and investors that can help them turn ideas into commercially successful products and services and business growth.
We fund business and research collaborations to accelerate innovation and drive business investment into research and development.
Our support is available to businesses across all economic sectors, value chains and UK regions.
Since 2007 we have committed over £1.8 billion to innovation, matched by a similar amount in partner and business funding. We have helped 8,000 organisations with projects estimated to add more than £16 billion to the UK economy and create nearly 70,000 jobs.