Innovate UK has announced a new funding opportunity, making up to £2 million available in grants for UK-based micro, small, and medium-sized enterprises (SMEs) operating in the advanced manufacturing sector. This initiative specifically targets pre-commercialisation projects that aim to foster high growth potential within advanced manufacturing supply chains. The funding is provided by Innovate UK, and eligible SMEs can apply as single applicants.

Eligible SMEs must be UK registered and can apply for a share of the £2 million fund. The application window opens on March 18, 2026, and closes on April 22, 2026. Companies interested in this opportunity should review the full details on the Innovation Funding Service and prepare their applications accordingly. While this is a funding opportunity rather than a regulatory mandate, successful applicants will need to adhere to the terms and conditions of the grant, which may involve reporting and project milestones.