UK registered businesses can apply for loans for close to market innovative projects with strong commercial potential. They must significantly improve the UK economy and drive societal benefit.

Loans can be between £100,000 and £5 million. You can get a loan of up to 100% of your eligible project costs, with interest rates from 3.7% to 7.4% depending on repayment stage.

Further details and application link: Innovate UK Innovation Loans Round 25 - Innovate UK Business Connect

Registration closes 4th March 2026