Case study - Disruptive grant success

A disruptive cloud-based project has won a substantial grant with the help of Moore Stephens’ experts.

Our client, a fintech payment provider and consultancy, was working on a project to develop a disruptive cloud-based payment provider solution and demonstrate a preproduction prototype across a number of pilot industries. Expected costs for the project were over £1 million. The management team knew that valuable funding might be available from Innovate UK, but were unsure which of its competitions were most relevant. They also found the application process challenging. This involved providing specific information, with answers to each question being scored out of 10, and meeting a set deadline.

How we helped

Moore Stephens’ grant specialists made sure they understood the nature of the client’s project and liaised with Innovate UK in order to understand which of its funding competitions were most appropriate. Our technical experts held a series of face-to-face meetings with the client to help collate the information needed to accompany the grant application. They also helped to calculate the project’s forecast costs and to prepare a project plan assessment. Our experts then drafted the full grant application, working efficiently so as to meet the competition deadline.

The result

Our client was awarded a grant of £450,000 through the Innovate UK Emerging and Enabling Technology (Digital scope) competition – a substantial contribution to the total project costs.