
Fuel Innovation Without Repayment
Grant Funding Solutions from Station Hill Capital
Looking to develop a new product, scale a breakthrough idea, or collaborate on cutting-edge tech? Grant funding is one of the most powerful, non-dilutive ways to fuel business growth. No debt. No equity sacrifice. Just funding for innovation that drives impact.
What Are Innovation Grants?
Innovation grants offer financial support to businesses developing new processes, products or services—especially where technology or research is involved. These grants don’t need to be repaid and are often aimed at early-stage or growth companies bringing game-changing ideas to market.
From the UK Government’s Innovate UK Smart Grants to European and regional funds, there are hundreds of live programmes to support businesses tackling real-world problems through innovation.
Grant Types and Key Providers
Innovate UK Smart Grant
Up to £125 million available annually to support commercially viable and disruptive ideas across any sector
Horizon Europe
Aimed at collaborative innovation across the EU. Offers R&D grants for joint ventures, SMEs, and individual researchers.
Local Enterprise Partnerships (LEPs)
Regional business funding and guidance, often focused on local growth and job creation.
The Prince’s Trust & New Enterprise Allowance
Support for younger founders and those starting businesses while on certain benefits.
Arts Council & National Heritage Fund
Grants for creative, cultural, and heritage-led initiatives.
Who’s Eligible?
Grants are typically open to UK-based businesses that:
- Are launching or developing an innovative product or solution
- Are research-driven or technology-focused
- Are solving a clear and substantial market problem
- Have (or are building) collaboration partnerships
- Can demonstrate business or funding credibility (track record, tax credits, etc.)
Some grant schemes are only available in certain regions or sectors. We’ll help you navigate that.
Why Consider Grant Funding?
- ✅ Non-repayable capital
- ✅ No dilution of equity
- ✅ Fuels innovation and R&D
- ✅ Supports job creation and business growth
- ✅ Often complements other funding types (loans, equity, etc.)
- ✅ Opens doors to further public/private investment
- ✅ Helps validate your business model or project
Challenges We Help Solve
Finding and applying for grants can be overwhelming. The criteria are specific. Deadlines are tight. And the landscape changes constantly.
That’s why we simplify the process:
- Use our Grant Finder Tool to match opportunities by postcode
- We can produce a Capital Report highlighting all relevant grants
- Get expert support with eligibility, strategy, and applications
- Stay updated with daily alerts from our live UK-wide grant tracker
Ready to Fund Your Big Idea?
If you’ve got an innovative solution and need help accessing the right grants, we’ll guide you every step of the way—from eligibility checks to successful submission.
Sample of Current UK innovation grants
Innovate UK Smart Grant
£100,000-£500,000
Funding required
Multiple rounds
Closing date
- Your proposal must be business focused, with deliverable, realistic, adequately resourced plans to achieve return on investment, growth and market share following project completion.
- Applications can come from any area of technology and be applied to any part of the economy such as, but not exclusively, net zero, the arts, design and media.
- Project length: between 6 months and 18 months
ESA Business Applications’ Call for Proposals
max £500,000
Funding required
31/12/2025
Closing date
- This opportunity is intended for the progression of a new service which uses satellite navigation, satellite telecommunication, earth observation, space, weather, and/or space technologies
- Project length: 6-24 months
- 50-80% of project funding available
DASA Open Call for Innovatio
£100,000-£350,000
Funding required
Multiple rounds
Closing date
- The open call is looking for innovative ideas to improve the defence and/or security of the UK. Your idea could be a concept, technology or service.
- The majority of successful projects start at TRL 2 or 3, which means the basic concept has been formulated and the underpinning technological principles observed at the outset.
- Your project must complete by March 2024