Funding innovation

A report on the impact of equity and grant finance

Funding innovation — The impact of equity and grant finance cover

our reports are read by organisations including:

What’s inside?

Funding innovation — Grants and equity, the best of both worlds?

The view from the field

We speak to experts from universities, businesses, and funds to discover how they use equity funding in combination with Innovate UK grants.

Funding innovation — Universities ranked by number of projects

University ranking

Universities are ranked by both number of IUK-funded projects and total IUK grant funding.

Funding innovation — size of equity investments

Equity investment

When used together with grant funding, equity investment has significant effects on company valuations.

Funding innovation — distribution of equity and grant funding by region

Regional distribution

Both equity and grant finance are regionally concentrated. We look at every region in the UK.

The key findings from this report

Grants into the Russell Group£604m
Micro projects funded7235
Grants into pharmaceuticals6%
Average pre-money without grants£6.4m
Grant funding into North East3.1%
Average grant with equity£494m

About the authors

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