Innovate UK will work with North East Local Enterprise Partnership and North of Tyne 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 digital technology cluster in North East England, both during and after the project.

For this competition, North East England consists of Northumberland, Tyne and Wear, and County Durham.

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 can focus on one or more of the following:

Immersive technologies: extended reality, digital twins, games engines, virtual production
Artificial intelligence: data science, machine learning, neural networks, computer vision, robotics, large language models, quantum computing

Click here to find out more and apply. Closing date: 11am on 19 June 2024.