Young Innovators Awards
Usually opens in April and May and June
Projected from the months this call usually opens — not a date the funder has confirmed.
Projected from the pattern of past calls — confirm on the funder's page before planning around it.
GBP 5,000 grant plus a living allowance (historically around GBP 5,000) and a year of tailored business coaching.
Innovate UK (UKRI) / The Prince's Trust
public · national
Deadline: Closed — Ran as an annual competition, usually opening in the spring/summer with a summer deadline.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
Who can apply
- Stage: idea stage and pre-seed
- Locally registered entity required
Applicants aged 18-30 at the point of application, UK resident, with a business idea or very early-stage business.
Related reading: How grant deadlines actually work · The Companies House number, explained
Source. https://www.ukri.org/opportunity/young-innovators-awards-2022-to-2023/
"Young people can apply for an award to make their business idea a reality. This includes a grant for £5,000, a living allowance, and tailored ..."
Last checked against the official page on 5 October 2026
Source: www.ukri.org
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