Tagged: innovate uk

Innovate UK and British Business Bank Sign MoU With Aim to Support Business Growth

Innovate UK and the British Business Bank have further strengthened their collaboration by signing a Memorandum of Understanding (MoU). As partners dedicated to fostering innovation and growth of UK businesses “across the country, this new collaboration will see the two organizations working even more closely… Read More

New UK Innovation Strategy to Cement the Nation’s Position as a Leader in Science, Research, Innovation: Report

Updated plans to put the United Kingdom at the front of the global innovation race have been shared by the Department of Business, Energy & Industrial Strategy, the UK Research and Innovation unit as well as other organizations and individuals. Released on July 22, 2021,… Read More

Innovate UK Gives £167,000 Grant to PayDashBoard

PayDashboard, an “interactive payslip platform” has been selected by Innovate UK to receive a £167,072 funding grant to support its continued growth in the financial wellness space. The London based Fintech was selected to receive the sum as part of the Government’s sustainable economic recovery… Read More

Billon Group Receives Grant to Develop COVID-19 Immunity Certificates Using Blockchain

Billon Group has received a £50,000 grant to create an immunity certificate platform using distributed ledger technology (DLT). The funding came via a Fast Start Competition by Innovate UK. The goal is to speed up and support workers’ return to a safe workplace. Billon group… Read More

Innovate UK to Fund 10 Female Entrepreneurs with Up to £50,000

Innovate UK, the UK’s innovation agency, will be offering a “Women in Innovation Award” that will provide up to 10 women with £50,000 each to help them scale their business ventures. The Women in Innovation program was first launched in 2016 and since then the… Read More

Fintech Startup Paybase Secures £700,00 Grant From Innovate UK

London-based fintech startup Paybase has reportedly secured a £700,00 grant from Innovate UK as it prepares to launch its new payments platform. The company stated that it provides an end-to-end solution for Payments, Compliance, and Risk – all rolled into one unified API. Paybase explained that… Read More

Tramonex Receives £250K from UK Government for Blockchain Prototype Project

The UK government is pitching in to help finance international transfer platform Tramonex.  The London-based Fintech startup has been given a £250,000 grant by Innovate UK to fund the development of a cross currency payments system that leverages blockchain technology. The prototype is expected to… Read More

Innovate UK Outlines How it Will Grow the Economy by Driving Disruptive Innovation

Innovate UK has published its “delivery plan” for 2016/2017.  The government agency intends on investing over £500 million to support disruptive innovation by boosting young companies and entrepreneurs.   Dr. Ruth McKernan, Chief Executive of Innovate UK, said fostering innovation was the only way the… Read More

Innovate UK Awards Fintech Startups Squirrel, Tento, Swave, Bubbal & Mentat

Squirrel, Tento, Swave, Bubbal and Mentat have been awarded up to £35,000 each to solve real-world problems as winners of Innovate UK’s IC tomorrow Fintech Innovation Contest, according to brand-e. In addition to funding from Innovate UK, each will work in partnership with industry and government bodies… Read More

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