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Tuesday, May 5, 2020

UK wider funding landscape

The UK grant funding landscape has been changing rapidly in response to the ongoing Covid-19 situation. Current schemes have had their deadlines postponed to allow more time for applicants to prepare their submissions under lockdown conditions. In addition, a number of funding opportunities have become available with more promised. Currently, both UK Research and Innovation (UKRI) and National Institute for Health Research (NIHR) have open calls for rapid response projects to support research and innovation that will address the impacts of the COVID-19 outbreak. The government has also very recently announced a £1.25 billion support package for businesses driving innovation and development which will include £750 million in grants and loans for SMEs focusing on R&D. Innovate UK will manage the scheme for SMEs with first payments expected by mid-May. This is in addition to the £200 million Life Sciences Investment Programme announced in March 2020. Further updates to follow as more details become available.

Contact Claire Flanagan on +44 (0) 7896 517 291 or claire.flanagan@pnoconsultants.com

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