The first Women in Innovation awards launched in May 2016 following research that found only 14% of applicants to Innovate UK funding competitions were women. The first competition saw 15 female entrepreneurs from a range of different industries receive £50,000 and a tailored business support package, with a further 16 receiving a tailored package of business support.
Pauline Dawes, CEO/ Founder of SOMI Trailers, Women in Innovation 2016 award holder
“All in all, it was life-changing for me and SOMI Trailers. The media exposure and events promoting the project were wide ranging. We’ve had worldwide interest in SOMI trailers following Women in Innovation Award, with huge export potential.”
Not only did the competition have a significant impact on the ideas and businesses of the award winners, since then the number of female applicants to Innovate UK funding has increased by 10%.
The second round of awards opened for applications in July 2018 and winners were announced on International Women’s Day 2019 (8th March). As partners, KTN deliver skills-based training, events and workshops to support this important initiative. Alongside the 2018 competition, KTN will be running Building Success events around the country to widen support for female innovators.
Read Innovate UK’s Women in Innovation blog to keep up to date with the progress of award winners and news regarding the current programme.
Get in touch with KTN’s Women in Innovation team:
Innovate UK has also launched a community for Women in Innovation on WorldLabs, an innovative platform designed to support and encourage entrepreneurial growth. Click here and become a member for free today.