What is the Business Support?
Up to 15 high-growth innovative businesses are supported during each Global Business Innovation Programme (GBIP). They explore and exploit the collaboration, growth and innovation opportunities that exist in a specific business market around a specific theme, from Agritech to AI. The GBIP provides detailed market knowledge, introductions and cultural insight that SMEs would find difficult to obtain themselves.
The Global Business Innovation Programme is structured around three main phases and each business will have a designated Innovate UK EDGE Innovation and Growth Specialist to support them for the duration of the offering, including developing an action plan to capitalise on the opportunities identified. The three main phases of the Global Business Innovation Programme are:
Getting ready for the market:
Pre-activity briefing workshop(s) to build knowledge and understanding of the market and potential opportunities, including how to do business, cultural aspects, how to protect your IP and training on how to improve your pitch and articulate your value proposition. (2 half day workshops)
Visiting the market:
Explore the innovation opportunities first-hand through meeting with key companies and research organisations and potential collaborators and partners through pre-arranged meetings and organised matchmaking. (5 days of market related activity)
Exploiting the opportunity:
An exploitation workshop and one-to-one support from a Innovate UK EDGE Innovation and Growth Specialist to follow up and take advantage of the opportunities identified. (1 day workshop and working with an Innovate UK EDGE Innovation and Growth Specialist)
Who runs it?
Innovate UK Edge
Innovate UK and Innovate UK EDGE will fund and organise flights, accommodation, in-market travel, and conference fees for successful applicants. Innovate UK will also pay for any reasonable adjustments throughout the initiative. Only one representative from each company will be funded. On acceptance to the initiative a commitment fee of £500 will be obtained from each delegate, which will be refunded on completion of the full activities and agreed action plan. Non-completion after formal acceptance may result in forfeiting some or all the commitment fee.
How to find out more?
The Global Business Innovation Programme has a competitive application process where only the best applications will be successful following an evaluation process. All applications must be made online through the Innovate UK EDGE website and received no later than 09 Jan 2022. Successful applicants will be notified w/c 17 Jan 2022.
Innovate UK is committed to improving the diversity of who we support. As such, we welcome applications from under-represented groups.
To find out more please click here.
Additional information
Closing Date: 01/01/2025
