DRIVE35 Scale-up Fund
Innovate UK
Who can apply
This competition is open to single applicants and collaborations. To lead a project your organisation must be a UK registered business. Non-UK registered businesses may apply but must set up a UK registered business before any grant can be awarded. The UK registered business must deliver the project. You will not be able to start the project until the business is set up with UK staff in place.
Last checked against the official source within the last 7 days. Scheme parameters are set by the funder and can change — verify before applying, or let us do it for you.
Related schemes
Innovate UK Grant Competitions
Innovate UK
Rolling portfolio of themed R&D grant competitions for UK businesses, typically funding 25-70% of project costs across feasibility, industrial research and experimental development.
Knowledge Transfer Partnerships (KTP)
Innovate UK / UKRI
Funds a high-calibre graduate (Associate) plus academic team embedded in your business for 12-36 months to deliver a strategic innovation project. SMEs typically pay ~33% of project costs.
R&D Tax Relief (Merged Scheme & ERIS)
HMRC
Corporation tax relief on qualifying R&D expenditure. Merged scheme gives a 20% above-the-line credit (~15-16% net); loss-making R&D-intensive SMEs can claim enhanced support (ERIS) worth up to ~27p per £1 of qualifying spend.