Conduit Connect selected by Innovate UK for match-funding programme to back pioneering British tech
We are delighted to announce we have been selected alongside a group of leading VC firms to partner with Innovate UK via its 'Investor Partnership Program' to drive even more funding to early-stage UK based impact businesses. Conduit Connect investee businesses in the areas of Climate and Health who comply with Innovate's strategic priorities will be able to access non-dilutive grant funding of up to £2m as a direct consequence of Conduit Connect's commitment to an investment round. We are grateful for the faith Innovate has put in us to help them source groundbreaking impact businesses worthy of funding and can't wait to start working together more closely.
Innovate UK does a remarkable job in supporting so many of the UK's most groundbreaking impact startups. Over half of the businesses we have invested in through the Conduit EIS Impact fund has received funding from Innovate at some stage during their journey - demonstrating both the scale of the support Innovate offers, and how aligned The Conduit Connect is with Innovate UK's strategy.
See the press release from Innovate here
If you are a startup looking to learn more about the program and how you can benefit - see here