Innovate UK EDGE
Bespoke support that grows & scales innovative businesses.
Part of the UK’s innovation agency, we enable innovation-driven businesses to grow at pace and deliver on their industry and societytransforming ambitions.
Innovate UK EDGE
We offer business and innovation support tailored to the needs of ambitious innovation-driven small or medium-sized UK businesses.
Scaling: 3% of client base (50%+ growth)
High growth: 42% of client base (20%+ growth)
Growth: 55% of client base
Priority areas: Exploit innovation
Source finance
Enter markets
Internationalisation
Helping innovative business to find new partners/collaborations, via:
• Global Business Innovation Programmes
• Global Incubator Programmes
• Enterprise Europe Network
• Konfer
IP Audit
Working with the IPO we act as a gateway to funded Innovation IP initiatives delivered by IP Lawyers.
• IP Audit
• IP Access
• IP valuation
Scale Up
High Growth Services
Scale Up Programme
This programme comprises a group of high calibre business advisers, providing a matrix of skills and connectivity including: Finance, M&A, International Markets, IP, Talent Management, Infrastructure Development.
RTO/Catapult grant
Innovate UK EDGE is partnering with Research and Technology Organisations (RTOs) across the UK to award 100% funded grants of up to £15,000 to ambitious high growth SMEs.
Investment readiness inc Investability
• 1 to 1 advisory support.
• Structured training in the fundamentals of investment readiness.
• Investment pitching opportunities.
Growth Services
IP support and funding
• Intellectual Property guidance –including copyright, patent, trademark and non disclosure agreements.
• Supporting companies to identify and source relevant grant opportunities and publicly funded business support programmes.
Exploit Innovation
Our specialists help SMEs generate, manage and commercialise ideas more rapidly, ensuring more of the businesses we fund (and some that we don’t) have the means to grow and scale, through:
• Targeted assessment of client needs
• Developing a strong innovation culture and introducing techniques to breed innovative ideas to drive growth
• Adapting business models to exploit intellectual assets (e.g. IP Audits) through continuous innovation
• Ensuring market readiness (validating technology, identifying value propositions, understanding market potential and building marketing strategies)
Enter New Markets
Our specialists offer innovative SMEs several ways to build their knowledge of, and exploit opportunities in, key overseas markets:
• Accessing our extended global network: Enterprise Europe Network operates in over 65 countries, inc USA, Canada, China, Japan, Korea, Singapore. Our specialists provide access to comprehensive and tailored advice
• Innovate UK initiatives to help SMEs learn about specific international markets in person and build innovation relationships there, supported by our specialists (such as Global Business Innovation Programmes and Global Incubator Programme)
• Providing access to focused brokerage events helps clients to find new international business innovation opportunities and key markets/sector information
Source Funding & Finance
Our specialists help SMEs develop funding and finance strategies that support their innovation and expansion, with guidance on the best options from regional, national and international sources, both public and private, often reviewing applications as a critical friend. Per growth stage this can mean:
Seed and early stage
•Introducing financial controls, KPIs & understanding of financial management
•Developing realistic finance strategies to achieve innovation goals & growth ambitions
•Maximising the benefit of tax credits, patent box etc
•Helping to improve pitching & investment readiness through our national Invest-ability initiative.
Growth stage
•Supporting 2nd round equity finance process
•Securing grant funding for collaborative projects
•Improving the management of cash/working capital Scale
•Leveraging the assets of the company
•Using debt finance
•Supporting innovation loan finance
Invest-ability
Invest-ability: Intensive training
Invest-ability Intensive Training is by invitation only from your innovation and growth specialist. In each intensive training cohort, we support 15 innovative growth businesses that aim to raise investment of at least £500K+ in the next 24 months and that have secured a minimum of £100K in income from grants, investment, or revenue.
Invest-ability Intensive Training includes, structured training in the fundamentals of investment readiness, including constructive feedback from active investors.
Tailor-made investment readiness advice and support to:
• prepare for a round and due diligence.
• validate product- market fit.
• challenge financial forecasts & long-term capital planning.
• review a plan to manage the round.
• target & approach investors.
• review deck types, one pagers & pitching skills.
Pitch Panel
Pitch Panel offers exposure to real investors for constructive and confidence-building feedback on your pitch. Typically, it is for companies who already have a strong investor pitch, or who have a specific need to focus on pitching.
Suitable client's will be invited to register for The Pitch Panel by their innovation and growth specialist and they will then be asked to supply further pertinent information. Each Pitch Panel has a sector focus. Some of the upcoming Pitch Panel sectors include:
• Med Tech.
• Digital and Software as a Service.
• Health Tech, Med Tech and Wellbeing.
• Smart Manufacturing.