£500k R&D Grant Funding for Leading FinTech Team

Funder, Funding, Innovate UK, IUK Smart, Success Stories
""

Kore Labs is in a (rapid) scale-up phase with a multi-faceted funding strategy including private equity, innovation grants, innovation loans and re-investment of revenues. 

The Innovate UK Smart Grant is a quarterly R&D grant fund that offers between £25k and £2m to the most innovative SMEs for the development of novel technologies. Make no mistake – winning an Innovate UK Smart Grant is not a given – competition is high with average success rates under 10%. Grant funding of up to £2m can be awarded for the development of novel processes, products and/or services through IUK Smart Grants.

The ambitious team at Kore have secured £500k in R&D grant funding through the Smart Grant Programme to further their work on developing a global taxonomy for the financial services sector.

More to explore

Below, you’ll find links to related external content that expand on the topics discussed in the article above. Please note that these links are provided for additional information and we are not responsible for the content on external sites.

More from Venturenomix

UKRI Grant Funding Strategy – 2026 to 2031

Here are the priority sectors and technologies for the £9bn annual grant and support budget from UKRI 2026 to 2031. Addressing Strategic Government and Societal Priorities UKRI are keen to ...
EIC Transition

EIC Transition explained: turning research results into market-ready innovation

For those who already have EU-funded project results and now you are ready for the next steps towards specific commercial applications, EIC Transition is worth investigating. This funding programme helps ...
EV Funding

Drive 35: New UK Flagship EV Fund

Sharing insights from our internal “Grant Spotlight” weekly R&D Grant Funding meeting Drive 35 is the UK government’s new £2.5 billion funding programme for the automotive sector, replacing the former ...

Leave a Comment