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Overview
UKRI funds and supports research and innovation in the UK, investing about £8 billion yearly to help researchers, innovators and entrepreneurs turn ideas into societal benefits. It does this through funding streams such as grants, fellowships, competitions and programmes that connect ideas to projects and deliver impacts by pairing money with expertise, facilities and networks. As a government-backed umbrella body, it funds the entire UK research and innovation ecosystem rather than focusing on a single company or market, prioritising public policy goals, regional development and global impact. Its goal is to empower people and places through research and innovation to boost prosperity, wellbeing and sustainable advancement in the UK and worldwide.
About Innovate UK
Industries
Government & Public Sector
Education
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Swindon, United Kingdom
Founded
2018
People at Innovate UK
People at Innovate UK who can refer or advise you
Simplify's Take
What believers are saying
- £50M government-backed fund brings AI and robotics to UK farms
- ADOPT grants offer up to £5M for on-farm agritech trials in England
- DSIST funding enables UK orgs to coordinate robotics adoption hubs with up to £2M
What critics are saying
- UKRI's selective funding strategy will exclude early-stage agritech firms within 6–12 months
- 60% of Innovate UK-funded businesses fail within 3 years due to weak commercialization
- Innovate UK lacks required risk register and revenue forecast, risking automatic rejection in 1–3 months
What makes Innovate UK unique
- Innovate UK prioritizes deep and hard tech with scientific breakthroughs
- Innovate UK now actively prepares both sides of the investment market
- Innovate UK supports fewer companies but in more depth starting April 2026
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Benefits
Paid Vacation
Flexible Work Hours
Company News
The Gateway to Research: UKRI portal onto publically funded research
The Gateway to Research: UKRI portal onto publically funded research
The Gateway to Research: UKRI portal onto publically funded research
OXLiD partners with the University of Nottingham to accelerate the commercialisation of Gelion’s solid-state separator and sulfur-based cathode active material (CAM) technologies, supported by a £460,000 grant awarded to the University of Nottingham from the EPSRC Prosperity Partnerships programme.
Spin out from UK publicly-funded research develops novel laser spectroscopy for environmental, medical diagnosis and industrial process monitoring.
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About Innovate UK
Industries
Government & Public Sector
Education
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Swindon, United Kingdom
Founded
2018
Innovate UK is Hiring for 9 Jobs on Simplify!
Find jobs on Simplify and start your career today