Innovate UK is to offer up to £10 million in loans for game-changing innovations with strong commercial potential that will significantly improve the UK economy. 

Loans are for highly late stage projects with the best game changing and/or disruptive ideas or concepts. There should be a clear route to commercialisation and economic impact.

Projects should aim to…

  • develop new products,
  • processes,
  • or services

(or innovative use of existing ones) believed to be significantly ahead of anything similar in the field.


Your proposal can come from any technology (including arts, design, media, or creative industries) and any part of the economy.

Projects must focus on commercialisation, growth or scale up. Priority is given to proposals likely to lead to growth, gains in productivity and/or access to new overseas markets through export.

To find out more about this competition, please visit the KTN website using the link provided on the right hand side.