Innovate UK have announced that nominations are now open for the Women in Innovation Awards with at least 20 monetary prizes available. Each winner will receive a £50,000 grant and a bespoke package of mentoring, coaching and business support. Projects must start on 1 April 2022 and will last for one year.
The aim of this competition is to support women who are at a critical stage with their business, where an award will enable them to take an important step forward. The funding should help them make a real difference to innovation in the UK including in and beyond their sector or innovation area. Awards are for female founders, co-founders or senior decision makers with exciting, innovative ideas and ambitious plans that will inspire others, working in businesses that have been operating for at least one year.
The proposal must identify clearly evidenced pressing societal, environmental or economic challenge(s), and how the project and innovation can help solve them.
Applications can come from any area of innovation (where innovation is defined as the commercially successful exploitation of ideas) and be applied to any part of the economy, where the business has been operating for at least one year. The closing date is 13th October 2021 at 11am.
Further details on how to apply are available here.