It says:
Our role at Innovate UK is to identify and nurture the next generation of brilliant innovators. Women are under-represented in the field of innovation, and that needs to change.
It means as a nation we’re failing to harness, capitalise on and celebrate the entrepreneurial talent of female innovators to the detriment of our economy. Boosting female entrepreneurship could deliver approximately £60bn extra to the UK economy.
The infocus Awards will celebrate and reward women working across four key sectors - Materials & Manufacturing, Health & Life Sciences, Infrastructure Systems, Emerging & Enabling Technologies. Innovate UK has up to £200,000 and a package of support to award to businesswomen who have exciting ideas and the potential to become leaders in innovation and deliver significant economic growth.
Twelve women will benefit from a valuable tailor-made package of support and four of these will each receive a £50,000 grant to get her brilliant idea up and running. Could it be you? Could it be someone you work with? Who do you know who could fly the flag for women in innovation?
This is the first women only Innovate UK competition and is part of a new ‘infocus’ initiative to encourage diversity in innovation.
The awards will open for applications on 1 June 2016.
Find out more about the infocus awards and how to apply here