Innovate UK Growth Catalyst – Investor Partnerships Round 2

Innovate UK Growth Catalyst is an integrated package of funding and support, designed to help accelerate high-potential start-ups on their journey to becoming scale-ups and beyond. A minimum of £100 million has been allocated to fund innovation projects through this competition, delivered in the form of grants. This competition is targeted at growth-oriented start-ups from seed to Series A, with funding delivered through the proven Investor Partnerships model. The programme brings together Innovate UK's expertise in identifying innovation and using grant funding to change the risk profile of businesses, along with investor partners' aligned funding and expertise in identifying opportunities and teams that can best use extra investment finance. UK registered SMEs can apply for grant funding alongside private investment from selected investor partners. Applicants must establish a relationship and strong level of investment traction with one of the approved investor partners before applying. Projects must align with the UK's Modern Industrial Strategy key sectors including advanced manufacturing, clean energy industries, digital and technologies, defence, creative industries, and life sciences. Expert support is available from Innovate UK Business Growth, Innovate UK Business Connect, and the Catapults.