Deadline: 7 July 2024
The Investment Readiness Programme, part of the Made Smarter Innovation Sustainability Accelerator, is designed for companies developing cleantech solutions for the UK sector, aiming to increase their investment readiness and accelerate business growth.
This programme comes amid the growing demand for sustainable manufacturing and the UK’s ambitious goal of achieving net-zero greenhouse gas emissions by 2050. The manufacturing sector accounts for over 40% of the country’s consumption-based carbon emissions. This highlights the need for innovative solutions to drive sustainable growth.
The programme aims to accelerate investment readiness by offering tailored support to help participants navigate the investment landscape, secure research and funding opportunities, and boost their market presence.
This initiative not only supports individual businesses but also contributes to the broader goal of achieving net zero emissions and driving sustainable growth in the manufacturing sector.
The programme is open to companies that previously benefited from Made Smarter funding and companies that are new to the Made Smarter movement.
Programme Benefits
Programme participants will gain access to the following benefits:
- £5,000 cash funding
- Each participant will receive £5,000 cash funding towards completing the programme.
- Investment readiness support
- Participants will receive the support they need to boost their market presence and get investment ready
- Strategic guidance
- Strategic guidance from the Digital Catapult team
- Diagnostic sessions
- Diagnostic sessions to determine current commercial and strategic needs
- Tailored support
- Tailored support to develop and improve product, technical and investment roadmap, business planning and marketing strategy
- Opportunity to pitch at the showcase event
- Opportunity to pitch at the showcase event to industry representatives and potential investors
Who should apply?
The Investment Readiness Programme supports registered and active UK based companies. The programme welcomes applications from:
- Companies that are looking to raise investment in the next 6 -12 months.
- Companies that are looking to grow their business in the next 6 – 12 months.
- Companies engaged in the development of technology solutions focused on REEE (Resource Efficiency and Energy Efficiency) with applications in the manufacturing sector.
- Companies that have previously received funding under the Made Smarter Innovation Programme.
- Companies developing solutions focused on sustainability, with an interest and business plan to enter the manufacturing sector.
Who can apply?
- Applicants must be eligible to receive up to £20,000 in State Assistance.
- Applicants must have a UK business bank account for any payments to be made.
- Applicants must be a UK based registered company, or prove they are a company that has an establishment in the UK, and undertake all activity in the UK.
- Applicants must be engaged in developing solutions enabled by at least one of the technologies from the advanced digital technology stack: artificial intelligence (AI), immersive technologies, internet of things (IoT), distributed ledger technologies (DLT) and 5G/future networks.
For more information, visit Digital Catapult.
