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National minimum wage and National Insurance changes hit pay packets from this week

6 Apr 2022

As an employer, you are obligated to update your payroll so your employees get paid at least what they are legally entitled to. 
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Making Tax Digital: Changes from 1st April 2022

6 Apr 2022

Businesses are required to have signed up to Making Tax Digital ready for their first VAT return starting on or after 1 April 2022. However, they may not be required to make their first... Read more…

HUDJO: the bike parking app helping the cycle trade increase their revenue

6 Apr 2022

According to Cycling UK, business booms by 30% when people cycle to the high street. But they need somewhere to park. You can attract cyclists directly to your door by offering secure bike... Read more…

Learn from the best social media posts of 2022

31 Mar 2022

Each week Maybe* round up the best social media posts from across the UK. See who's coming... Read more…

Have you prepared for the implementation of Strong Customer Authentication (SCA)?

24 Mar 2022

As online and digital payments have continued to grow in popularity over the past few years, unfortunately so does the risk of fraud. SCA intends to combat this risk by providing a more secure... Read more…

HUDJO: Attracting cyclists to your business

23 Mar 2022

Being a HUDJO host puts your business on the bike parking map. You give cyclists a secure place to park and the app makes the whole transaction easy.
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Bristol businesses supported to give vacant buildings new lease of life

17 Mar 2022

Bristol City Council has set aside funding for businesses, charities and social enterprises to encourage use of Bristol's vacant commercial property
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£500 worth of social media business promotion up for grabs

17 Mar 2022

Your feedback will help Maybe* to design and build a range of support to help businesses succeed with digital and is part of your qualification for a social media grant.
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Innovate UK SME Loan Funding Announced

14 Mar 2022

Innovate UK is offering up to £25 million in loans to micro, small and medium sized enterprises (SMEs)
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HUDJO: Put your business on the bike parking map

10 Mar 2022

Join the bike parking revolution and give cyclists somewhere convenient and secure to park their favourite two-wheeler.
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Innovate UK SME Loan Funding Announced

Posted on in Business News, Cycles News

Innovate Houses of Parliament, budget 2020UK is offering up to £25 million in loans to micro, small and medium sized enterprises (SMEs). Loans are for highly innovative late stage research and development (R&D) projects with the best potential for the future. There should be a clear route to commercialisation and economic impact.

Your project must lead to new products, processes or services that are significantly ahead of others currently available or propose an innovative use of existing products, processes or services. It can also involve a new or innovative business model.

BEIS are particularly interested in projects that focus on the future economy areas included in the Innovate UK plan for action.

You must be able to show that you:

  • need public funding
  • can cover interest payments
  • will be able to repay the loan on time

The funding available will be allocated across a series of four competitions with the next round opening on the day the previous round closes. The final round 4 will close on 13 July 2022.

  • round 1 opens 10 March 2022 (this competition)
  • round 2 opens 14 April 2022
  • round 3 opens 12 May 2022
  • round 4 opens 9 June 2022

In applying to this competition, you are entering into a competitive process. This competition closes at 11am UK time on the deadline stated.

Find out more about how to get started here.

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