There is a range of UK and internationally based business competitions that provide funding, support, press and much more to startups, entrepreneurs and new business ventures. They can be a great source for testing your concept and providing the resources/ networks to grow your startup.

These competitions and others are a good way to secure initial resources, finance or support for an expansion.

We have listed some of the latest business funding competitions below, if you can’t find a competition that suits your business you can search for more here.

Biomedical catalyst 2021: early and late stage awards
UK registered organisations can apply for a share of up to £18 million to develop innovative healthcare products, technologies, and processes. Closing date 26/08/2021

SBRI Competition – Fusion Industry Challenges
Organisations can apply for a share of £2 million, inclusive of VAT, to develop solutions that accelerate fusion power plant design and reduce their fuel requirements. Closing date 30/06/2021

Innovate UK Smart Grants January 2021
Opportunity for UK registered organisations to apply for a share of up to £25 million from Innovate UK to deliver game-changing and commercially viable R&D innovation that can significantly impact the UK economy.
Closing date 26/05/2021

Creative industries fund: fast start business growth pilot
UK registered micro and small businesses in the creative sector can apply for a package of support to grow their business. This package includes ongoing support from Innovate UK EDGE and funding of up to £25,000 for innovation projects. Closing date 16/06/2021

Hydrogen Transport Hub: demonstration
UK registered businesses can apply for a share of £2.5 million to demonstrate how green hydrogen can be used to power transport solutions for end users. Closing date 16/06/2021

Knowledge transfer partnerships (KTP): 2021 to 2022, round 2
UK registered academic institutions, RTOs or Catapults can apply for a share of up to £6 million to fund innovation projects with businesses or not-for-profits. Closing Date 30/06/2021

IETF energy efficiency and decarbonisation studies, Spring 2021
Organisations can apply for a share of up to £40 million to carry out feasibility and engineering studies into energy efficiency and decarbonisation technologies for industrial processes. Closing date 14/07/2021