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Innovation Accelerator Q & A

Costing/Budgeting

Do projects need to operate within initial budgets outlined in the EOIs?

The budgets in the EOI were indicative. In your proposal to Innovate UK a fully costed budget will be required, at most requesting £15m in grant award.

Can CICs claim %100 of costs?

Yes, for non-economic activity. Otherwise, the same intervention rates apply as for other economic organisations.