Funding Flash July 2024

Each month, Space South Central aims to bring together a curated list of the latest and best funding opportunities for businesses working in the space sector across the South East.

The list is not exhaustive – for that, see the Satellite Applications Catapult’s Space Enterprise Network.

If you see an opportunity below that could be suitable for your business, reach out to the team at info@spacesouthcentral.com who will offer advice, expertise, support and connections to help you create successful bids. Since 2016, we have helped regional organisations secure £37.5M.

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Innovate UK innovation loans future economy: round 16

Deadline: Monday, 28th August 2024

Innovate UK is offering up to £25 million in loans to micro, small and medium-sized enterprises (SMEs). Innovate UK innovation loans are for highly innovative late-stage research and development (R&D) projects with the best potential for the future. There must be a clear route to commercialisation and economic impact.

Your project must lead to innovative new products, processes or services that are significantly ahead of others currently available, or propose an innovative use of existing products, processes or services. It can also involve a new or innovative business model.

Read more here.

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Knowledge transfer partnerships (KTP): 2024 to 2025 Round 3

Deadline: Wednesday, 25th September 2024

The Knowledge Transfer Partnership (KTP) programme allows a UK registered business or not-for-profit organisation, to partner with a ‘knowledge base partner’, which is either a UK higher education (HE) or further education (FE) institution, research and technology organisation (RTO) or Catapult.

Typically, a project’s total costs are £8,500 per month. Projects must be between 12 and 36 months. Innovate UK will fund a proportion of the knowledge base partners’ costs. The business partner pays the remainder of the project costs

Read more here

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Modelling environmental responses to solar radiation management

Deadline: Tuesday, 8th October 2024

If implemented at scale, apply for funding to carry out climate modelling to understand the impacts of solar radiation management (SRM) techniques. 

You must be:

  • based at a UK research organisation eligible for Natural Environment Research Council (NERC) funding

  • in a role that meets the individual eligibility requirements.

Innovate UK will fund 80% of the project up to £3.3 million. 

Read more here

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Sustainable Industrial Futures

Deadline: Wednesday, 11th December 2024

This is a £26 million (80% full economic cost (FEC)) seven-year, flagship investment focussed on tackling cross-sectoral research challenges rooted in excellent, leading-edge engineering, physical and environmental sciences and transdisciplinary approaches to enable the transition of UK industrial manufacturing processes and operations to net zero.

Read more here.

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