
[DASA/UKDI] Defence Innovation Loan
Expected to open. Engage with UKDI As part of your application, you will be asked to confirm that you have spoken to a member of the Business Growth and Finance team regarding your innovation, and that they have confirmed its suitability for the Defence Innovation Loans competition. Objective: This initiative aims to support UK-registered small and medium-sized enterprises (SMEs) in scaling mature defence innovations. Key Highlights –Loan Amount: Between £100,000 and £1 million –Interest Rate: Fixed at 7.4% per annum –Coverage: Up to 100% of eligible project costs –Technology Readiness Level…
Next deadline
Date to be confirmed
What it funds
Expected to open. Engage with UKDI As part of your application, you will be asked to confirm that you have spoken to a member of the Business Growth and Finance team regarding your innovation, and that they have confirmed its suitability for the Defence Innovation Loans competition. Objective: This initiative aims to support UK-registered small and medium-sized enterprises (SMEs) in scaling mature defence innovations. Key Highlights –Loan Amount: Between £100,000 and £1 million –Interest Rate: Fixed at 7.4% per annum –Coverage: Up to 100% of eligible project costs –Technology Readiness Level…
Who it suits
Engage with UKDI As part of your application, you will be asked to confirm that you have spoken to a member of the Business Growth and Finance team regarding your innovation, and that they have confirmed its suitability for the Defence Innovation Loans competition. Objective: This initiative aims t…
- Defence & security
- Late stage & scale-up
Programme specifications
Considering [DASA/UKDI] Defence Innovation Loan?
Talk through your project with a specialist and find out whether this is the right competition before you invest time in an application.