4/10/2023 0 Comments Define guidance![]() Organisations fall into three categories: ![]() The funding rates you can receive will depend on the size and type of your organisation and your role in the project. With those in the consortium that are best placed to lead and deliver the overall project can do so, allowing businesses, especially small and medium enterprises (SMEs) to focus on their contribution, route-to-market and exploitation. They need to make sure that those with the right skills are doing the right work at the right time. This is subject to them being in collaboration with two or more businesses. Innovate UK recognises the opportunity for innovation projects to be led by RTOs. the work is essential to lay foundations for the growth of an early stage industry, and the collaborative research is to be undertaken by businesses who are at the same point in the value chain.no business in the consortium has the capacity to lead the project.Sometimes numerous businesses might need to be brought together with the help of a research and technology organisation (RTO) leading the project. Innovation is never easy, especially if it involves multiple organisations or is in the early stages of taking a new idea to market. ![]() Other types of organisation can apply in collaboration with a business partner. We largely require that projects are led by businesses. ![]() We do this by encouraging businesses to work with other commercial and research organisations. Innovate UK provides funding to support and stimulate innovation in the UK economy. ![]()
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