Innovate UK will work with Coventry City Council, Warwickshire County Council, and the West Midlands Combined Authority to invest up to £1.5 million in innovation projects. This funding is from Innovate UK’s Launchpad programme.

The aim of this competition is to provide a package of targeted support to enable ambitious UK registered micro and small businesses to develop highly innovative ideas that have a clear route to commercialisation and business growth.

In addition to grant support, you will be offered tailored business support delivered by local business innovation experts and Innovate UK Business Growth.

The businesses will use the funding to grow their innovation activities in the immersive and creative industries cluster centred on Coventry and Warwickshire in the West Midlands.

Your project must have a grant funding request between £25,000 and £50,000 (100% of costs will be covered) and last 3-6 months.

Your project must use the funding to help grow your innovation activities in the immersive and creative industries cluster centred on Coventry and Warwickshire in the West Midlands, both during and after the project.

Your project must contribute to the ambitions of the cluster to develop, fuse and transfer ideas, industrial innovation capability and sectoral strengths. Your project must build market-orientated opportunities in immersive and creative industries.

Your innovation can lead to new products, processes or services that are significantly ahead of others currently available, or propose an innovative use of existing products, processes or services. It can also involve a new or innovative business model.

Your project can focus on developing and applying technologies including one or more of the following themes:

  • media technologies, including digital and mixed media
  • immersive technologies, including augmented and virtual reality
  • game engine and virtual production, including 3D environments, simulations and data visualisations
  • motion capture, including performance capture and gesture, and facial recognition

Click here to find out more and apply. Closes 11am on 19 June 2024.