Register for Defence Innovation Loans webinar

News article

Find out how DASA can help commercialise your innovation

On 13 June 2023, the Defence and Security Accelerator (DASA) and Innovate UK will host a webinar to show you how to make the most out of Defence Innovation Loans.

The webinar will answer the following questions:

  • What is DASA?
  • How do Defence Innovation Loans work?
  • What is new with Defence Innovation Loans?
  • Who can apply – is your business and innovation eligible?
  • What can you borrow?
  • What project and loan periods are available and what are the repayment terms?
  • How to submit applications to DASA and Innovate UK?

The webinar will also include a Q&A, giving you the opportunity to ask questions about the service.

Register now to join the Defence Innovation Loans webinar on 13 June 2023.

About the Defence Innovation Loans

DASA introduced Defence Innovation Loans in the summer of 2021, as an alternative funding method to help convert mature defence innovations into viable business propositions that can compete for defence procurement.

The loans:

  • range from £100,000 to £2 million in value
  • are aimed at small and medium-sized businesses
  • are for innovations at Technology Readiness Level 6 or above
  • can cover up to 100% of project costs to aid commercialisation of the solution
  • have a below market interest rate of 7.4% per annum

To find out more, read the full Defence Innovation Loans document.

First published 31 May 2023