To introduce these exciting new innovation loans, KTN is hosting a series of events across the UK. These events are aimed at senior decision-makers (CEO / CFO / CTO) in innovative SMEs and at key intermediaries in professional services firms and public sector support organisations. At the events, Innovate UK will explain the rationale for innovation loans and where they sit in the landscape of innovation support, outline the key features and obligations of the loans and explain how they will be delivered and operated.
Innovation loans will offer affordable, patient, flexible, repayable funding for later-stage research & development projects with a clear route to commercial success. Loans will be offered through future competitions to growth-oriented SMEs that are able to demonstrate that they have a high quality innovation project, that they will be able to afford the interest payments and subsequent repayments associated with a loan and that they need public sector support as they are unable to access finance for their project on standard commercial terms.
Learn more about innovation loans – Birmingham – 2 Nov 2017