News & Insights

The latest news, funding opportunities, events and insights from the Innovation Point team

(Opportunity Closed) Funding opportunity: Open Programme (Round 3)

January 18, 2017


This funding opportunity is now closed.

To view our open funding opportunities please visit the News and Insights Page. 

Or email to talk about your business’s funding needs.


Are you sat on an innovative, game-changing idea that you’re itching to make a reality? Let us help you with that.


The opportunity…


Innovate UK’s Open Competition is live! If you’re sat on an innovative, game-changing idea that you want to make a reality then this should be music to your ears.


The open R&D competition aims to overcome the barriers to cutting-edge, innovative ideas and help them become a successful commercial reality. It’s here to:


  • Help businesses overcome barriers to innovation

  • Reduce the risk financially and technically in developing an innovative idea or concept for commercialisation and sale-up

  • Enable businesses to address high-growth opportunities if their concept doesn’t fit one of the Innovate UK sectors or has multiple themes with differing scopes

  • Speed up the journey from an idea to commercialisation where timing can make all the difference to prospects

  • Position businesses to be able to access private investment to support their innovative ideas

  • Provide crucial support for businesses with significant ambition and potential for growth, to develop highly innovative products, processes or services with commercialisation potential and scale up, preferable with access to global markets


…and how you can seize it



The demand for this competition is expectedly high, but if you can create a clear proposal that outlines your innovative idea and demonstrates a robust business plan and potential return on investment the funding could be yours for the taking.


Don’t panic – we’ve got you!


If we’ve piqued your interest but it sounds like a lot of hassle, or you’re keen to apply but are unsure of where to begin, don’t worry; that’s what we’re here for.


Innovation Point is here to help companies like yours find and secure opportunities just like this, and it doesn’t stop there. We’re able to support you throughout the proposal, be it project management, bid development support, pitch training, or just about anything else. Just ask!


At a glance:


  • FUNDER: Innovate UK

  • VALUE: £25,000 to £1 million

  • AIM: to overcome barriers stunting cutting-edge, game-changing innovation

  • DEADLINE: 9 August 2017











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