[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…
Application window
Rolling or 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
Expert guidance
We only put companies forward for competitions they can genuinely win. A free funding fit call will tell you where you stand against this programme.
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Applying for [DASA/UKDI] Defence Innovation Loan?
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Talk to us about your grant funding plans and we'll help you make it happen through effective, results-driven grant writing.