With so many sources of potential funding, all bearing their own unique requirements and objectives, it can be difficult to know whether a funding source is suitable or to gauge your likelihood of success. However, we are here to provide some valuable insight into pre-grant proposal considerations, which can make this easier for you.
The UK Autumn budget announced over £20bn in R&D funding available for the year 2025-2026, with record levels of funding for innovation protected. In addition, the UK has re-entered the Horizon EU scheme with a budget of €95.5bn for the current 2021-2027 programme. These are joined by dozens of other grant funding bodies and grant programmes aiming to champion and accelerate the best and most disruptive innovations. But how do you navigate the UK grant funding landscape?
Do you meet the programme objectives? First and foremost, does your innovation or project idea fit the call? Broadly speaking, you can sort grant funding opportunities into two types: open, and thematic.
In all cases, there will be clearly explained objectives, aims, and expected impact as a result of your project which you have to meet in order to maximise your chances to secure grant funding. Be sure to check a wide range of funding bodies to be sure to catch any that might be of interest, as they are constantly updating and new opportunities arising.
We can keep you up to date with the latest grant news and make you aware of opportunities that you would otherwise miss.
Is your innovative project addressing a clear opportunity and need, with strong potential impact? If you fulfil the eligibility criteria, the next stage is to ensure you align to the general objectives of the funding body and grant funding in general.
If the project is aligned so as to clearly target and answer these fundamental questions, you are much more likely to meet the criteria for a promising project for grant funding.
We can aid with alignment in the application process, and ensure you consider all the necessary points that funding bodies are interested in to craft a compelling proposal.
Does the funding require partners and who is in your consortium? Some grants require collaboration such as the India – UK Collaborative R&D for industrial sustainability Rd 2 or whereas others allow collaboration but it isn’t essential.
In cases where you need a partner to apply for the grant funding, or are looking for a partner to bridge a skill gap or add value to your proposal, we are knowledgeable in finding partners both domestically and globally through our network.
Do you have funds to match the grant, and the first quarter of the project? Two key considerations when planning your project are the amount of match funding required, and the fact that grant funding payments are typically made quarterly in arrears.
Our expert compliance team can aid in advising on what project costs are eligible, ensuring your project budget comply with the programmes criteria, and aid in quarterly reporting and project management.
If you meet the above criteria, congratulations! You are well positioned to begin applying for grant funding.
If you’re ready to start applying, get in touch and our experts can help you craft a compelling grant application and if not, we at PNO can help guide you through the complex grant landscape and grant application process, identifying opportunities, linking with partners, and aiding in the alignment of your project to maximise your chances of success.
You can reach our team by contacting us at 0161 488 3488 or using the contact form.
02/06/2025
30/01/2024
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