Top tips for completing business and knowledge exchange funding applications

Guidance, Knowledge Exchange, Knowledge Transfer

For those involved in business and business planning some of  this information would not necessarily be new, however very important when completing any funding application or competition where Innovate UK are the main funder.  Innovate UK is the new name for the Technology Strategy Board and  fund, support and connect innovative businesses to accelerate sustainable economic growth.

A short guide to  to help make clear what an assessor for Innovate UK competitions is looking for has been produced. All of the Innovate UK funding programmes follow a similar pattern and you should bear in mind that the questions are designed to help rather than trip you up. It is important that you answer the questions asked and cover all aspects the Guidance for Applicants describes.
 
Try and  use the language they are looking for: the easier you make it for the assessor to understand and check off the information they seek, the more likely the proposal will score highly. The guidance is noted under 10 headings as follows :
  1. Business opportunity
  2. The market
  3. Exploitation
  4. Benefits,
  5. Project plan
  6. Innovation
  7. Risks
  8. Skills/ Project Consortium
  9. Finances
  10. Additionality

This is a user friendly document and worth reading to assist with  applications for funding large or small!

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