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Funding award for female innovators announced by Innovate UK

Innovate UK launches competition for women with potential to be successful entrepreneurs and leaders in innovation, with a prize package of funding and support.

Women with potential to be successful entrepreneurs and leaders in innovation can apply for support and funding to help them to succeed, thanks to a new award launched by Innovate UK. 

Women in Innovation is the first action under Innovate UK's 'infocus' initiative - a campaign to encourage diversity in innovation and to boost the UK economy. 

Through the Women in Innovation Award, Innovate UK will invest £200,000 to get more women innovating in business. Their aim is to enable and encourage more women to participate in Innovate UK competitions and take advantage of the support on offer. 

The process will identify 12 businesswomen who have exciting ideas and the potential to become leaders in innovation and deliver significant economic growth. These 12 will benefit from a unique tailor-made package of support. In addition, 4 of these women will also receive £50,000 to further their plans and make a stellar impact in the world of innovation. 

The competition is open to any woman in the UK with experience in business innovation in one of the following four sectors: 
  • manufacturing and materials 
  • infrastructure systems 
  • emerging and enabling technologies 
  • health and life sciences 

Several well-known business leaders have agreed to act as ambassadors and mentors including: 
  • Facebook vice-president for Europe, the Middle East and Africa Nicola Mendelsohn 
  • Money&Co chief executive Nicola Horlick 
  • President of the Royal Academy of Engineering and deputy vice-chancellor of the University of Cambridge Ann Dowling 
  • WS Atkins chairman and Department for Business, Innovation and Skills board member Allan Cook 
  • Cambridge Wireless former founder CEO Soraya Jones 
  • Genius Gluten Free founder Lucinda Bruce-Gardyne. 

The competition opens on 1 June 2016 and the deadline for registration is noon on 24 August 2016.

A briefing for potential applicants will be held on 20 June 2016. For more information, please visit Innovate UK's Women in Innovation webpages.

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