Small or medium-sized enterprises (SMEs) working on late-stage infrastructure systems projects can apply for a share of £10 million in a pilot loans competition – the first opportunity to access Innovate UK’s new alternative financial support scheme.

This loans competition aims to help businesses overcome barriers to scaling up innovation in infrastructure systems. It will do this by enabling them to demonstrate their ideas work as expected in real-world applications with users, and take their solutions to market.

It was announced today at Innovate 2017.

Smarter, better infrastructure

The growing, ageing population, increased urbanisation and urgent need to reduce carbon emissions calls for new and novel infrastructure solutions. But developing, testing and commercialising new ideas in this sector can be risky.

You could get an innovation loan of up to £1 million for a first of a kind deployment of infrastructure technologies.

Demonstrator projects must be in one of Innovate UK’s priority areas. These are:

• smart infrastructure, adding intelligence to improve physical infrastructure or the design process
• urban living, addressing the challenges people face in urban areas in order to improve user experience and lower costs. This could be:
  • ‘hard’ systems, such as energy, transport, waste, water and communication
  • ‘soft’ systems, such as security, law and justice (for example, public order and safety), health, wellbeing, social care and education
  • ‘environmental’ systems such as green spaces and waterways
• energy supply and systems, specifically improving the value proposition, affordability, emissions and security of energy
• connected transport, looking at solutions that move people and goods more efficiently and sustainably, and make transport more secure, user-centric and accessible

Introducing innovation loans

This is the first time Innovate UK has run a loans competition.

Innovations need different types of funding support depending on how close they are to market. Getting the right funding at the right time can scale up businesses’ productivity and growth.

We believe that a patient, flexible loan scheme will be useful for innovations that are near to market, where there is less risk involved.

A pilot loan scheme worth up to £50 million will be offered over the next 2 years. Loans will be made through Innovate UK Loans Ltd, a wholly owned subsidiary of Innovate UK.

About the infrastructure systems loan competition

• the loans competition is open, and the deadline for registration is 10 January 2018
• you could get between £100,000 to £1 million to cover up to 100% of eligible project costs
• this opportunity is for UK-based SMEs
• applications can only be made by single SMEs
• loans are for late-stage experimental development only
• they are available for up to 10 years
• there is a briefing event for applicants on 16 November 2017

This project has produced guidelines for screening the risks to soils from chemicals released through the landspreading of waste-derived materials.

The project reviewed the available evidence on the direct terrestrial ecotoxicity and potential for secondary poisoning of 38 chemical substances and mixtures, including 23 trace elements and 15 persistent organic pollutants. Although there were insufficient data to derive an assessment criterion in all cases, soil screening values are recommended in the report for 9 trace elements and 8 organic pollutants. A spreadsheet tool allows the screening values to be adjusted for site-specific soil properties.

The soil screening values developed through this project will help the Environment Agency to better review the technical suitability of landspreading proposals submitted by an operator for a wider range of chemicals.

Supporting documents for UK Offshore Energy Strategic Environmental Assessment 3