Micro and small businesses thriving in Waltham Forest's creative industries! Innovate UK, a division of UK Research and Innovation presents the Creative Catalyst 2024 funding competition for £50,000 in a fully funded grant. This is a transformative opportunity tailor-made for businesses in the creative sector.
With a £10 million investment, Innovate UK aims to elevate innovative projects, offering eligible businesses up to £50,000 in fully funded grants, coupled with tailored support for growth.
Opening on Tuesday, January 23, 2024, and closing on Wednesday, March 6, 2024, at 11:00 am, this competition beckons businesses to seize the chance to turn their creative concepts into reality.
The Creative Catalyst's core objective is to foster growth in innovative creative businesses, contributing to the wider UK economy. Eligible businesses must showcase innovations benefiting the creative sector, propose solutions to specific opportunities, and illustrate the impact of funding on their growth plan within the next 12 months.
Innovate UK promotes inclusivity, urging businesses from all backgrounds to apply and offering accessible support. Eligible businesses, registered as micro or small UK entities, must engage with Innovate UK EDGE for growth opportunities.
Subcontractors are allowed, but costs should not exceed 75% of the project. While subcontractors can be UK-based or international, a detailed rationale is necessary for overseas choices.
Successful applicants will receive 100% funding, up to £50,000, in two phases. Beyond financial aid, businesses gain priority access to Innovate UK's Global Business Innovation Programme, participation in the KTN peer-to-peer network, and ongoing support through Innovate UK EDGE.
Waltham Forest businesses, this is your chance to access substantial funding, drive innovation, and fast-track growth. Don't miss out on the Creative Catalyst 2024—propel your creative business to new heights!
