Innovate UK is part of UK Research and Innovation, a non-departmental public body funded by a grant-in-aid from the UK government. For more information, visit the UK Research and Innovation website.
We drive productivity and economic growth by supporting businesses to develop and realise the potential of new ideas, including those from the UK’s world-class research base.
Who we are
We’re an organisation of almost 500 staff, drawn mainly from business. We work across the UK, with a head office in Swindon.
With a strong business focus, we drive growth by working with companies to de-risk, enable and support innovation.
We connect businesses to the partners, customers and investors that can help them turn ideas into commercially successful products and services and business growth.
We fund business and research collaborations to accelerate innovation and drive business investment into research and development.
Our support is available to businesses across all economic sectors, value chains and UK regions.
Our work so far
Since 2007, we have invested around £2.5 billion to help businesses across the country to innovate, with match funding from industry taking the total value of projects above £4.3 billion.
We have helped 8,500 organisations create around 70,000 jobs and added an estimated £18 billion of value to the UK economy.
In April 2018, Innovate UK became part of UK Research and Innovation. Our Annual Report and Accounts for 2018-19 is now part of the overall UKRI Annual Reports and Accounts.
Our delivery plan
Our delivery plan sets out what we will do each year to support businesses to develop ideas and commercialise new technologies.
In the 2019 Delivery Plan we explain how we will help fund and connect businesses to develop the new products, processes and services that will meet or define the markets of the future.
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