UK Launches Major Push for Women-Led Tech Startups with New £75,000 Grants

Innovate UK is now accepting applications for its Women in Innovation Awards. The program offers significant funding for female entrepreneurs. The deadline for submissions is February 4, 2026.This initiative aims to boost women-led businesses in key UK growth sectors. It provides crucial financial support and mentorship. The goal is to help scalable startups secure future investment.

Grants Target High-Growth Sectors for Economic Impact

The competition will award up to 60 grants of £75,000 each. According to Innovate UK, funding is reserved for SMEs in specific sectors. These are Advanced Manufacturing, Digital and Technologies, and Life Sciences.The grant must be used over a strict 12-month period. Projects must start on July 1, 2026. They must conclude by June 30, 2027.This targeted funding seeks to address a known funding gap. Women founders often receive less venture capital than their male peers. This award provides both capital and a support network to bridge that divide.

Eligibility and Commitments for Aspiring Winners

To qualify, the lead applicant must be a woman founder or co-founder. The business must be a UK-registered SME on Companies House. The applicant must also be a UK resident.The award comes with specific responsibilities for winners. Recipients must engage in at least 10 hours of training. They must also commit to four hours of role-modeling activity to inspire others.This dual focus on funding and mentorship is a key feature. It is designed to build long-term success and visibility. The program aims to create a stronger pipeline of women innovators in the UK economy.

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The Women in Innovation Awards represent a substantial opportunity for growth. The £75,000 grants can be a game-changer for eligible startups. This program underscores a continued commitment to fostering diversity within the UK’s innovation landscape.

A quick knowledge drop for you:

Who can apply for the Women in Innovation Awards?

Women who are founders or co-founders of a UK-registered SME can apply. The applicant must be a UK resident. The business must be aligned with one of the three designated high-growth sectors.

What can the grant money be used for?

The £75,000 grant is for project costs over a 12-month period. It is intended to help late-stage startups scale their business. The goal is to prepare them to raise larger investment rounds.

When do the funded projects actually begin?

All successful projects have a uniform start date of July 1, 2026. The program runs for exactly one year. Projects must end by June 30, 2027.

What are the responsibilities of award winners?

Winners must complete a minimum of 10 hours of training and development. They are also required to spend at least four hours on role-modeling activities. This is to inspire future generations of women innovators.