Innovate UK

Innovate UK is a non-departmental public body established in 2007 and based in Swindon, United Kingdom. Funded by a government grant, it supports innovation in science and technology by providing funding services to businesses across various sectors and regions. The organization aims to drive productivity and economic growth by facilitating advancements that contribute to the UK’s economic landscape. In addition to funding, Innovate UK offers a range of services and information related to business and economic development, thereby fostering a supportive environment for innovation.

Mike Biddle

Programme Director of Industrial Strategy Challenge Fund

Will Drury

Executive Director, Digital and Technologies

Paul Gadd

Deputy Director

Dr. Tom Jenkins

Deputy Director

Scott James O'Brien

Director, Innovation Finance

Nigel Walker

Deputy Director, Lending and Investor Partnerships

Dave Wilkes

Director of Innovation Ecosystem

Past deals in Rental

Scott Bros

Grant in 2025
Scott Bros. is a recycling, haulage, and plant hire business established in Thornaby-on-Tees. Over the years, they have developed their business by being customer-focused and offering flexible solutions to suit their customers' and clients' requirements. This is only possible due to their team of dedicated, hardworking staff, who strive to provide the possible service.

Redwood

Grant in 2024
Fixing renting and social connection in cities

Laytrix

Grant in 2023
Laytrix Limited specializes in the development of equipment for laying and removing subsea pipelines, serving the offshore industry. Founded in 2017 and headquartered in Darlington, United Kingdom, the company provides a range of solutions tailored to client needs, including design and build, rental, or licensing options. Laytrix's product offerings encompass various modes of operation, such as pipelay mode, carbon capture and storage pipelines, flex lay mode, and pipeline recovery, along with capabilities for decommissioning pipe bundles and cargo handling. Their innovative systems enable clients to efficiently install, utilize, and demobilize equipment, thereby reducing costs and minimizing risks across the oil and gas, renewables, and marine sectors.

Spread Like Wildfire

Grant in 2023
Spread Like Wildfire is a community-driven platform connecting creatives with the equipment they need. Spread Like Wildfire provide a suite of options for content creators to get their hands on the equipment they need to make awesome content

Byway Travel

Grant in 2021
Byway Travel specializes in slow travel experiences that emphasize environmentally friendly and personalized holiday packages. The company offers a platform that allows travelers to create customized itineraries featuring scenic routes, local accommodations, and off-the-beaten-path experiences. By focusing on journeys that utilize trains and boats, Byway promotes sustainable travel while enabling users to discover lesser-known destinations. The platform facilitates online bookings and personalized trip recommendations, ensuring that travelers can enjoy a unique and memorable journey tailored to their preferences.

Checkboard

Grant in 2021
Checkboard is a software as a service platform that focuses on streamlining tenant screening and property transactions. It provides a comprehensive identity and finance checking solution tailored for landlords, agents, and mortgage brokers. The platform automates various aspects of the letting and property purchase processes by employing advanced technologies such as photo ID verification, anti-money laundering checks, soft credit assessments, and open banking APIs. This approach enhances the convenience for renters by offering flexible viewing slots while simultaneously reducing the risks associated with transactions. Checkboard aims to deliver a competitive service that aligns with the lifestyles of modern renters, facilitating a smoother experience for all parties involved in the real estate market.

Yardlink

Grant in 2020
YardLink is a B2B procurement platform tailored for the construction industry, founded in 2018 and based in London, England. It provides contractors with access to a wide range of tools, equipment, bulk materials, fuel, waste management services, and other necessary supplies. The platform facilitates the process of finding, booking, and paying for these resources, while also aiming to reduce the carbon footprint of construction projects by linking contractors with approved local suppliers. By leveraging technology, YardLink optimizes the procurement process, allowing builders to efficiently connect with equipment rental companies and manage their resources effectively.

Porterbrook Leasing Company

Grant in 2020
Porterbrook Group specializes in the leasing of railway rolling stock and associated equipment to freight and passenger train operating companies in the United Kingdom. Established in 1994 and headquartered in London, with an additional location in Derby, the company offers a diverse fleet portfolio that includes passenger vehicles, freight wagons, and locomotives. In addition to leasing rolling stock, Porterbrook also provides maintenance and refurbishment services, as well as leasing station equipment such as ticket gates and information display systems. The company's focus is on delivering safe, reliable, and sustainable railway solutions, collaborating with material suppliers to offer affordable options for its clients.
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