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<p>Innovate UK, is investing up to £6 million though 225 separate awards comprising
the Begin and Build strands of Diverse Innovators Award. Applications for this competition
open on 10 July 2023, and it is designed to deliver increased impact by widening the
doors to invite a wider range of under-represented innovators with great ideas to
engage with Innovate UK as they start and build their businesses.</p><p> </p><p>The
specific sums granted were:</p><p>For Women in Innovation, £2m in 2020 and 2021 and
increasing to £2.5m in 2022.</p><p>For Young Innovators, £1.59m in 2020 and 2021 and
increasing to £2.4m in 2022.</p>
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