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You are here: Home / Events / Made Smarter Investment Readiness Programme – UK

Made Smarter Investment Readiness Programme – UK

Deadline: 7 July 2024

The Made Smarter Investment Readiness Programme is now open for companies developing cleantech solutions for UK manufacturing, aiming to increase their investment readiness and accelerate business growth.

The Investment Readiness Programme, part of the Made Smarter Innovation Sustainability Accelerator, is designed for companies developing cleantech solutions for the UK manufacturing 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.

Successful applicants will be able to access £5,000 cash funding as a financial contribution towards completing the programme.

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.
  • Applicants must be eligible to receive up to £20,000 in State Assistance.
  • Applicants must be a UK based registered company, or prove they are a company that has an establishment in the UK, have a UK business bank account, 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.
  • Companies that have questions regarding the programme, selection process and how to apply can book time slots and talk directly to the Made Smarter team.

For more information, visit Innovate UK.

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