The aim of this competition is to provide a package of targeted support to enable ambitious UK registered micro and small businesses in transformative technologies to reach their potential.

Innovate UK is offering UK registered small and micro businesses a share of up to £20 million in grants. In addition to the grant support, you will be offered tailored business support delivered by Innovate UK EDGE.

Your innovation must lead to 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.

You must focus on one of the transformative technologies and how you can enable affordable, adoptable and investable innovations for:

• semiconductors
• future telecoms
• AI assurance
• engineering biology
• quantum
• sustainable UK materials and manufacturing