Dates:
- Competition closes: 10 July 2024 11:00am, 11am
- Applicants notified: 22 August 2024
- Project start date & duration: 1 December 2024 for 12 months
Scope
The aim of this competition is to fund and support a diverse portfolio of Women in Innovation Award winners:
- who will be relatable role models for women from all backgrounds
- from regions across the UK
- who are solving a range of pressing societal, environmental and economic challenges
- in a variety of innovation areas
Your project must identify clearly evidenced pressing societal, environmental or economic challenges, and how your project and innovation can help solve them.
Specific Themes
We are particularly encouraging applications from women who:
- are looking to develop a game changing novel idea or business innovation
- have the potential, capability, experience and personal drive to become leaders in business innovation
- want to be a role model for others, including in their region, sector and to young people
- have a clear vision for their business
- know what they are hoping to achieve from the award and how to measure success
As an award holder you will receive tailored business support, including but not limited to:
- funding and finance options and how to access these
- media and communications, for example, branding
- developing new business models; evaluating market opportunities; finding new partners; growth and scale up
- developing international collaborations and accessing global markets; business planning strategy
Eligibility
To lead a project you must be a woman founder, co-founder or senior decision maker within a UK registered micro, small or medium-sized enterprise (SME) that has been registered on Companies House for at least 12 months by the competition closing date; be a resident in the UK; attend two development days in 2025; be fully committed to volunteer as a role model for at least five days over the duration of the award
Funding Rates
- A project can request 100% funding for a maximum of £75,000 to be shared between all partners. We have allocated up to £4 million to this competition.
- 90% paid upfront in December 2024, 10% paid post project end
How PNO can support you
The UK team has a strong track record in securing some of the most competitive national and European grants on behalf of its clients, with a full understanding of how a project should be presented to stand the highest chance of success. Each year in the UK alone, we are responsible for the submission of more than 100 funding applications across all sectors and priority areas. Based on this extensive experience, through careful project selection and using key insight into how a project should be best positioned, we consistently achieve success rates that are more than 5 times the typical success rates for UK national schemes and EU programmes.
