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Defence Innovation Loans

Defence Innovation Loans

Invests through United Kingdom Defence Innovation Loans in mature defence innovations to support late-stage commercialization.

ClosedDefence and Security AcceleratorUnited Kingdom
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About

Defence Innovation Loans is a repayable loan programme co-delivered by the Defence and Security Accelerator (DASA) — now integrated into UK Defence Innovation (UKDI) as of February 2026 — and Innovate UK Loans Ltd. The programme provides below-market-rate financing to UK SMEs holding mature, later-stage defence innovations who need capital to reach full commercialisation. Loan amounts range from £…

What this grant funds

Repayable below-market-rate loans for UK SMEs commercialising mature defence innovations, delivered by the Defence and Security Accelerator (now part of UK Defence Innovation); programme currently paused.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Multiple per year
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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Application process

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Last verified: 22 Jul 2026Source: www.gov.uk