Innovate UK Launches £3.5 Million Cyber Security Funding Competition

Severity: Low (Score: 24.9)

Sources: Iuk-Business-Connect.Uk, apply-for-innovation-funding.service.gov.uk

Summary

Innovate UK has announced a new funding competition aimed at supporting cyber security organisations with innovative solutions in critical sectors. The competition will allocate up to £3.5 million to projects that demonstrate their solutions in real-world environments. Eligible applicants must have solutions at Technology Readiness Level (TRL) 7 and must work closely with end-users in critical sectors. The competition is open to promising cyber security organisations, particularly startups and SMEs. A maximum of 20 contracts will be awarded, and projects must focus on R&D services, with at least 50% of the contract value dedicated to these efforts. The competition is highly competitive, and not all high-scoring applications will receive funding. The application process is accessible, with support available for individuals facing barriers. The competition closes at 11am UK time on the specified deadline. Key Points: • Innovate UK is offering up to £3.5 million for cyber security projects. • Funding is targeted at solutions ready for commercialisation in critical sectors. • A maximum of 20 contracts will be awarded, with a competitive application process.

Key Entities

• gov.uk (domain)
• iuk.ukri.org (domain)