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News & Press: April 2019

MIA Members: Act now to secure a grant!

26 April 2019  
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ACT NOW - Register your interest in securing a 50-70% grant from government to help you develop the leadership potential of your best employees engaged in innovation or R&D.

The UKRI Future Leaders Fellowship programme provides grants for any business to develop the leadership potential of an employee through a challenging innovation or research project. This £857m government-funded route aims to realise the potential of your best employees, in the early stage of their career. 

  • A Future Leaders Fellowship can be undertaken in any UK business, an academic host, or as a collaboration between the two
  • Funding covers salaries and critical operational costs - typically up to £1.2m over 4 years
  • The business contribution required is between 30-50%

Round 3 (providing 100 grants) is open now but closes in May, the next Round 4 is in October this year - go to the link below for a useful video of a webinar which answers many questions.

Grants are awarded competitively and last for four years, with the option to extend. They cover the salaries of the Future Leader Fellow and their immediate team, as well as materials, capital equipment, facilities, travel and subsistence, training and development, and overheads.

These are available to any businesses of any size, in any sector across the UK, that want to significantly enhance the career potential of a highly talented employee, through the implementation, within the business, of a challenging and strategically important research or innovation project.

Additional information is available from the following website link: https://www.ukri.org/funding/funding-opportunities/future-leaders-fellowships/business/