Innovate UK is part of UK Research and Innovation. It is responsible for helping businesses turn new ideas into successful products and services. One of the areas identified for investment by the Industrial Strategy Challenge Fund is healthy ageing.
Legal & General and Innovate UK
Legal & General has been awarded £6 million in grant funds by UK Research and Innovation to allocate among companies that promote healthy ageing. Innovate UK will work with Legal & General to evaluate applications for funding and award grants to the successful organisations.
Innovate UK: helping businesses innovate
Since 2007, Innovate UK has invested around £2.5 billion to help businesses to innovate. This has been matched with funding from industry taking the total value over £4.3 billion. It has helped 8,500 organisations create around 70,000 jobs and added an estimated £18 billion of value to the UK economy.
Together, Legal & General and Innovate UK, could provide a valuable boost to your business. If you’re a growing company focused on improving healthy ageing, apply now. We ‘re keen to hear from you.