Media City


Innovate UK launch Immersive Technology Investment Accelerator

Innovate UK held a briefing event at The Landing this week to share details of a new competition as part of the ISCF Audience of the Future Challenge.

The Immersive Technology Investment Accelerator opened to businesses on 20th May, closing on 3rd July.

Up to £2m is available for UK creative and tech businesses to undertake R&D projects that enable immersive content to be created faster, more efficiently or in new ways through simultaneous grant funding and venture capital investment.

The competition is open to UK businesses working with immersive technologies. Total project costs must be between £150,000 and £300,000. Innovate UK will provide up to 70% of costs dependent on your business size, with the remaining funds provided by one of our investor partners.

Read more about the competition here and apply via the Innovation Funding Service website