Innovate UK is the UK's innovation agency
Our voice of business this month is:
Colm Watling, Regional Manager (London and South East) for Innovate UK
Innovate UK work with people, companies and partner organisations to find and drive the science and technology innovations that will grow the UK economy.
In the last three years, for example, we have supported 54 Buckinghamshire Thames Valley companies and invested over £3.4m in Buckinghamshire research & development projects - matched by over £3m industrial cash. In addition, we don’t just work with big companies - the smallest grant we have awarded in Buckinghamshire was only £1,250.
Business focussed, we drive growth by working with companies to enable and support innovation. Specifically, we work to determine which science and technology developments will drive future economic growth, meet UK innovators with great ideas in the fields we are focused on and fund the strongest opportunities. In addition, we connect innovators with the right partners they need to succeed and help our innovators launch, build and grow successful businesses.
Since 2007, we have committed over £1.8 billion nationally to innovation, matched by a similar amount in partner and business funding.
We have also helped during this period more than 7,600 organisations with projects estimated to add more than £11.5 billion to the UK economy and created 55,000 extra new jobs.
If you would like to know more about Innovate UK, how we drive innovation and the funding opportunities available, please get in touch.
Innovate UK’s services and advice can be accessed free of charge via the Enterprise Europe Network for general advice, or through the Knowledge Transfer Network for technical sector specialised advice: