Innovation in Professional and Financial Services competition

Innovate UK, part of UK Research and Innovation is investing up to £5 million to support digital innovation within Professional and Financial Services.

This competition aims to advance the Professional and Financial Services sectors by supporting them in the creation and adoption of digital approaches and new digitally supported services.

To be eligible, projects must:

• have total grant funding request between £50,000 and £200,000
• start by 1 April 2024
• last between 6 and 18 months
• carry out all of its project work in the UK
• intend to exploit the results from or in the UK

Your proposal must show how you will help these sectors:

• to deliver better products and services
• increase access to these services
• make these services more effective for their customers

This competition is split into two strands:

• Innovation in Professional and Financial Services – single applicants
• Innovation in Professional and Financial Services – collaboration

Applicants must ensure they submit their application for the correct strand of their project. You will not be able to transfer your application and it will not be sent for assessment if it is out of scope.

First published 16 August 2023