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Loan

Innovate UK Innovation Loans

Patient, late-stage R&D loans (typically £100k–£2m, sometimes higher) from Innovate UK for SMEs commercialising an innovation that is too late-stage for grant funding but too early or too risky for commercial debt. Interest-only periods, sub-commercial rates, and bespoke security arrangements.

Innovate UK£100k–£2m

About this funding

Loans for late-stage R&D projects with a clear route to commercialisation.

Who can apply

UK SMEs with a viable late-stage R&D project.

Where it is available

Open to manufacturers UK-wide.