Applications now open for the 2025 Innovation Challenge!
This fantastic initiative, powered by our Patron TBAT Innovation, offers UK businesses the chance to win a £10k cash prize and access a share of £80k in tailored business support, helping ambitious companies to scale and grow.
Last year’s winner was a MedTech company, showcasing the sector’s innovative strength and potential.
Shortlisted finalists will have the exciting opportunity to pitch their ideas in person at their Finalist Showcase event in October.
How to apply?
The application form will take approximately 15-20 minutes of your time and will gather essential details about your company and your business proposition or project. Additionally, we request that you attach supporting documents that will strengthen your application. These documents could include your business plan or pitch deck. Other documents will not be accepted. Please do not include any data that is IP sensitive. Watch the latest webinar, that covers criteria, application tips and the prize fund. The recording can be watched via this link: https://attendee.gotowebinar.com/recording/1884819564720462682
Who can apply?
- Startups: UK Businesses that are three years old or younger are eligible to apply.
- Aspiring Entrepreneurs: Those who are seeking to launch a business in the UK.
- UK Businesses over three years old that are still heavily involved in R&D or looking to introduce new technology.
- Technology-based Businesses: To be eligible, your business must offer a technology-based product or service, showcasing innovative solutions in various sectors.
What is the Innovation Challenge prize?
TBAT Innovation will be awarding the winner of the overall Innovation Challenge a £10,000 cash prize and a share of the £80,000 support package, provided by our partner network. 2 Runners-up will also have access to a share of the £80,000 support package.
PLEASE NOTE: The support packages will be tailored specifically to the top 3 finalists’ individual business needs.
Application Deadline: 11:59pm, Wednesday 13th August
Apply here: https://tbat.co.uk/the-innovation-challenge/application-process/
We encourage the Medilink Midlands network to apply for and to share this opportunity and help drive forward the future of UK innovation.