10 Top Tips for Funding Applications

BKTN-Logo-FINAL-high-resAre you interested in applying for funding but don’t know where to start? Have you applied before but been unsuccessful? Have you ever wondered what the secret to a successful application is?

Wonder no more - the KTN is here to give you our top ten tips on how to be successful with Innovate UK (formerly Technology Strategy Board) funding competitions like the Agri-Tech Catalyst.

  1. Fit within scope: Make sure your project is within the remit for the competition – details can be found in the Briefing Document
  2. Agree key points with partners: Get started on your outline project plan and Consortium Agreement as soon as possible – who will do what and who will own what when it comes to Intellectual Property?
  3. Be clear and concise: You don’t have much space so make every word count and avoid overly technical language
  4. Make a realistic plan: Remember if you get the funding you will have to do the work so don’t write yourself into a corner
  5. Be convincing: Why do you need the money? Ask yourself – would you invest?
  6. Remember risk & innovation: Projects need sufficient quantities of both to be eligible for Innovate UK funding
  7. Quantify and justify assertions: Provide numbers and evidence where possible to back up your claims
  8. Check ALL deadlines: All Innovate UK deadlines are noon and you also need to register by the week before to be able to submit a proposal
  9. Get advice and feedback from the KTN: We are here to help and our service is free – we can review your application and provide independent, objective feedback
  10. Don’t leave it too late to ask questions or submit! Contact us early to get the most value from the support available

If you want to know more, there is also a YouTube video (see below) of KTN Agri-Food team member, David Telford, presenting some more detailed advice on developing a successful proposal.

You can also contact a member of the KTN Agri-Food team.

Kezia Williamson - Knowledge Transfer & Project Manager at the Knowledge Transfer Network (KTN)


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