Funding opportunity: Collaborative R&D Creative Catalyst for micros and SMEs
26/11/2024
UK registered fashion, design and craft businesses can apply for a share of up to £2 million for projects that develop new innovative products and tools for the UK creative industry, as part of funding from Innovate UK’s Creative Catalyst.
The aim of this CR&D competition is to advance the development of collaboration with innovators in the creative industries.
Projects must:
- support the growth of the UK creative industries
- demonstrate a clearly innovative and ambitious idea which addresses an industry challenge
- be a significant improvement on what is currently available, with a demonstrable impact to your growth plan
- create a new revenue stream, for example, new products, tools or intellectual property (IP)
- be market ready within 12 months after project completion
- demonstrate value for money
They must also:
- have a grant funding request between £150,000 and £200,000
- last between six and nine months
- carry out all of its project work in the UK
- intend to exploit the results from or in the UK
- start by 1 July 2025
- end by 31 March 2026
To lead a project your organisation must:
- be a UK registered micro or small business
- collaborate with other UK registered organisations
- fall within one of the creative industries subsectors
- involve at least one grant claiming business from outside the Greater London area
The project team must have a least one grant claiming business outside of the Greater London area.