The infocus Awards will give 12 women the chance to benefit from a tailor-made package of support and four of these will each receive a £50,000 grant to get their ideas up and running.
Four women will each receive a £50,000 grant to get their business ideas up and running.
The Awards will celebrate and reward women working across 4 key sectors - Materials & Manufacturing (including Plastics), Health & Life Sciences, Infrastructure Systems, Emerging & Enabling Technologies.
According to Innovate UK, its role is to identify and nurture the next generation of brilliant innovators. It also believes that women are under-represented in the field of innovation and by boosting female entrepreneurship, approximately an extra £60bn could be added to the UK economy.
The competition opens on 1 June 2016 and the deadline for registration is noon on 24 August 2016. Applicants can be a company owner, employee or sole trader in any size of business and must be legally and contractually able to use the grant funding on offer.
Click here to find out more about the competition and apply