We are delighted to announce that we have scooped a national award from Innovate UK, the UK’s Innovation Agency. The prestigious award will support us to grow our innovative footcare business idea which prevents blistering suffered by active people.
Building on the success of Innovate UK’s targeted programmes, like Women in Innovation and Young Innovators, this latest funding is designed to find and support the fresh innovation talent the UK needs.
We are among the 233 high-potential innovators who have been awarded a £50,000 grant. Critically, we will also receive 12 months of tailored business support to help us grow, stimulating the UK’s economy.
The grant will enable us to develop our patented anti-friction technology into the amputee market where skin irritation caused by friction is a major problem.
Managing Director Peter Broxton said “We are delighted to have Innovate UK support, it will help us continue with our product development and growth plans”.
In line with the UK’s growing appetite for innovation, this new award programme was amongst the most highly engaged funding competitions Innovate UK has ever delivered – with over 2,100 entrepreneurs applying for funding and business mentorship. There is an urgent need to transform the UK’s skills and talent pipeline, through inspiring and connecting people to new opportunities and pathways into innovation. Innovate UK estimates that, to achieve the UK’s full economic potential, 400,000 more innovators need to be supported, from entrepreneurs to engineers.
Coinciding with the Awards announcement, Innovate UK has joined forces with over 150 partner organisations to launch its free and accessible No Limits digital platform, which makes it easy for aspiring innovators to discover new career paths, sharpen their skills and access opportunities to develop life-changing innovations and future-proof the UK economy.