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Grant Funding
Visiativ offers grants and funding for UK businesses, recognising that each company’s needs differ based on size, development stage, industry, and location. Our diverse funding options cater to these specific needs.
Our Grant Funding Services
- We will conduct a thorough assessment of your business and evaluate the eligibility of your projects
- We will identify a wide range of opportunities suitable for your specific needs, and outline the necessary requirements, benefits, and potential impacts on your business
- We will prepare and submit grant applications, accompanied by the requisite supporting documentation
- We will offer continuous support throughout the process, including assistance with reporting obligations and any additional requirements that may arise
R&D and Innovation Grant Funding
As a worldwide industry leader in innovation funding, we offer bespoke support on grant funding to enhance your chances and minimise the risk involved. We target three main funding bodies:
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Innovate UK
Innovate UK aims to provide funding for projects that demonstrate a clear and transformative vision, driving innovation and disruption in the industry. They seek projects that possess game-changing potential and ambitious ideas, ultimately leading to the development of new products, processes, or services.
Who can apply?
Your application must include at least one micro, small or medium-sized enterprise (SME).
What is the size and scale of the project?
- Your project must follow different rules depending on its durations:
- Projects with durations between 6 and 18 months must have total eligible project costs between £25,000 and £500,000. They can be single or collaborative projects.
- Project durations between 19 and 36 months must have total eligible project costs between £25,000 and £2 million. The must be collaborative projects.
- Any applications submitted outside of these criteria without our authorisation will be marked as ineligible and will not be send for assessment.
Grant Pay-outs
- Innovate UK will pay your award by instalments quarterly and in arrears on submission of a claim.
- You can only claim the net eligible costs you have incurred and paid in the 3-month period for which you are submitting the claim.
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Scottish Enterprise
R&D Grants – multi industry focus
Open to companies based in Scotland with R&D projects in the pipeline, Scottish Enterprise will fund projects that:
- Are game-changing innovations
- Create or safeguard R&D jobs
- Create links into other local companies; i.e. for materials or specialist knowledge
- Create a global market opportunity
- Generate intellectual property
Project awards are at the discretion of Scottish Enterprise and range from early phase (up to £100k) or late-stage development (averaging around £1.28m).
- SMEs may be awarded between 35%-50% of eligible project costs.
- Large may be awarded between 25%-40% of eligible project costs.
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EU Funding
(Horizon 2020 and Horizon Europe from 2021-27)
H2020 EIC Accelerator
Horizon 2020 funds high-potential innovation developed by SMEs through the H2020 EIC Accelerator (previously the SME instrument). The EIC Accelerator offers Europe’s most exciting companies the change to apply for funding for breakthrough ideas with the potential to create entirely new markets or revolutionise existing ones.
Companies that apply must be established in an EU Member State of a Horizon 2020 associated country.
What is the size and scale of the project?
Projects will receive between €0.5 and €2.5 million in the form of grants (70% of total project costs). Applicants can request a higher or lower amount when applying but it needs to be duly justified.
Projects should normally take 12 to 24 months to complete but could be longer in exceptional and well-justified cases.
Grant Pay-outs
5% of total grant is paid at start of project
Horizon 2020 will pay the remaining award by instalments quarterly and in arrears on submission of a claim.
Grant Writing Process
Grant Funding opportunities allow businesses to scale up or helps start-ups grow. Visiativ help companies accelerate their ambition by providing support on how to tap into a huge range of grants and subsidies. These grants and subsidies depend on the size of your company, the industry sector and location.
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1. Grant Project Scoping
Our primary approach is to actively listen and understand your business objectives and future aspirations. This enables us to identify the projects most likely to succeed and align them with the criteria and scope of various grant competitions, such as Innovate UK, Scottish Enterprise, and EU funding.
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2. Grant Application Development
Our Consultant team have a range of technical knowledge, creative flair and business experience to write a strong and compelling grant application. Our process is targeted to optimise the chances of success. We minimise your time and fit around your schedule, so you can prioritise day-to-day operations of your business. -
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3. Post-Award Compliance and Grant Management
After a successful application, we guide you through the project setup phase to ensure you pass due diligence checks, enabling you to start your project quickly. We have strong expertise within our technical team, who understand the reporting requirements of UK and European funding bodies.
