Guidance

Get funding to develop and exploit knowledge assets

Find funding to develop early stage knowledge assets towards adoption or commercialisation.

Knowledge Assets Grant Fund

Funding type: grant

Who can apply: UK public sector organisations with an Accounting Officer

Total funding: £5 million this financial year

Maximum award: up to £250,000 (3 different grant values available)

Deadlines:

  • Competition opensApplication deadline
    20 February 202311:00am on 16 March 2023
  • 17 March 202311:00am on 8 June 2023
  • 9 June 202311:00am on 7 September 2023
  • 11 September 202311:00am on 14 December 2023

The Knowledge Assets Grant Fund supports organisations across the public sector in the UK to explore exciting new uses of datasets, technology, intellectual property, ideas and expertise.

Funding is available for use in supporting the development, repurposing, commercialisation or expanded use of public sector knowledge assets.

Types of funding you can apply for

There are 3 bands of funding you can apply for:

  • Explore Grant (up to and including £25,000)
  • Expand Grant (£25,001 to £100,000)
  • Extend Grant (£100,001 to £250,000)

The size of the grant for each band is determined by the amount of information requested to meet the criteria for that band.

The bandings do not reflect the stage of development of your project. For example, you can apply for an Explore Grant to help you take an already well-developed project in a new direction.

How to apply

Find out about each band and if your organisation or project is eligible for funding:

Applications for funding are administered by our partners at Innovate UK.

UK Innovation and Science Seed Fund (UKI2S)

Funding type: early stage venture capital funding

Who can apply: emerging spin-out companies based on knowledge assets from UK public sector organisations. Read more about the UKI2S investment criteria.

Total funding: £13.9 million investment for public sector knowledge assets

Maximum investment: no limit (pre-seed to series A funding and beyond)

Deadline: N/A

UKI2S is an early-stage investment fund backed by UK Research and Innovation (UKRI), Defence Science and Technology Laboratory (Dstl), the Department of Business, Energy and Industrial Strategy (BEIS), the UK Atomic Energy Authority (UKAEA) and other public bodies. Together, they are supporting the most ambitious UK innovators at seed and beyond to:

  • create new companies and facilitate sustainable growth
  • enhance the health and security of society
  • deliver economic gains from the UK public funding

UKI2S works closely with GOTT to provide investment capital to exploit the UK’s public knowledge assets.

How to apply

Pitch for UKI2S investment.

Published 4 October 2022
Last updated 2010 FebruaryMarch 2023 + show all updates
  1. Added competition opening dates for 2023.

  2. Added new deadlines for Knowledge Assets Grant Fund

  3. First published.