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Funding for digital solutions to financial sector challenges

Wednesday, 25 February 2015
15:34
news_story
Funding for digital solutions to financial sector challenges
Businesses could win up to £35,000 to develop their ideas and work with top firms such as Accenture, American Express and Experian

Innovate UK is looking to fund digital ideas with commercial potential that address 5 challenges in the financial sector:

  • personal financial management - partnering with Money Advice Service and Experian
  • cyber security - partnering with the Department for Business, Innovation and Skills
  • consumer financial literacy - partnering with Lloyds Banking Group
  • hyper-local transactions - partnering with American Express
  • compliance and regulation - partnering with Accenture

Successful applicants will not only get funding but the chance to work with financial sector partners to trial their proposed solutions - and support and advice on how to get their innovations to market quicker.

Competition information

  • the competition opens on Monday 2 March 2015
  • the deadline for submissions is midday on 22 April 2015
  • there will be briefing events for potential applicants in
    • London on 4 March 2015
    • Cardiff on 5 March 2015
    • Edinburgh on 10 March 2015
    • Belfast on 11 March 2015
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