The UK Government launched the Sustainable Innovation Fund On 27th June 2020 to provide businesses with financial support for their cutting-edge product development projects.
Totalling almost £200 million, the Sustainable Innovation Fund includes 2 competitions;
- The Sustainable Innovation Fund: round 1 (temporary framework)
- The Sustainable Innovation Fund: SBRI phase 1
Designed to help power the UK’s economic recovery and develop new sustainable opportunities for businesses in any sector following the coronavirus pandemic, while also helping the UK meet its ambitions to cut carbon emissions to net zero by 2050.