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Global Business Innovation Programme

Helping ambitious businesses to collaborate and expand in new markets, accelerating business growth
Neciah, CEO at FluoretiQ and successful participant in the Global Business Innovation Programme.

Up to 15 high-growth innovative businesses are supported during each Global Business Innovation Programme (GBIP). They explore and exploit the collaboration, growth and innovation opportunities that exist in a specific business market around a specific theme, from Agritech to AI. The GBIP provides detailed market knowledge, introductions and cultural insight that SMEs would find difficult to obtain themselves. 

Apply to take part


How is the programme delivered?

A GBIP has three stages:

Prepare for the market

Preparing for the market includes the cohort being briefed by sector and market experts on, for example, cultural aspects of conducting business in that country. Delegates receive help to find business partners and arrange meetings and are advised on best practice including the management and protection of their intellectual property.

Visiting the market

Visiting the market provides opportunities to attend pre-arranged meetings and activities in order to better understand and maximise the opportunities that the visit presents.

Exploiting the opportunity

Exploiting the opportunity is arguably the most important aspect of the programme. To maximise the opportunity, participating companies are given bespoke one-to-one support from an Innovate UK EDGE innovation and growth specialist to help develop and implement an action plan.
The Global Business Innovation Programme operates on a competitive basis and businesses selected are required to participate in all three stages (which occur virtually presently as a result of the pandemic).

We have run approximately 40 GBIPs to date in areas such as Agritech (Canada), offshore wind (China), future cities (India), cybersecurity (Israel), advanced materials (South Korea), and AI (USA).

You can view client success stories here (from the Canada Agri-Tech GBIP) and here (from the Australia Agri-Tech GBIP).


Apply to take part


GBIP in USA (Denver): Clean Growth

Why USA? The US Government has pledged to cut US greenhouse emissions in half by 2030 and become carbon neutral by 2050. As a result, the US is scaling up the development and deployment of clean energy technologies to build a new clean energy infrastructure and economy.

Colorado is one of the most centrally located areas of the United States and is a national leader in adopting clean energy technologies. The state has one of the highest per capita concentrations of federal science, research, and engineering facilities in the US, including NREL. It was also the first state in the US to pass a voter-approved renewable energy standard, which requires that all investor-owned utilities acquire 30% of their electricity from renewable sources. This major shift towards sustainable energy by both the legislature and the voting public demonstrates Colorado's commitment to clean, renewable energy.

Find out how our GBIP in USA can help your business  grow

Applicant Briefing recording here
Apply to the Programme:  Deadline 5pm Friday 21st October 2022
Cohort Confirmed: Friday 21st October 2022
Pre-Visit Workshops – January and March 2023
Market Visit: 30 April to 6 May 2023



New Zealand flag


GBIP in New Zealand: Agritech

Innovate UK has launched a Global Business Innovation Programme (GBIP) to help UK Agri-Tech SMEs pursue growth and innovation opportunities through collaboration with New Zealand peers.

It will help up to 15 innovation-focused UK businesses, who will be developing solutions to common industry challenges such as the need for more efficient and precision farming through robotics and satellite data.

SMEs can apply to the GBIP below and applications close on August 31, 2022.

Why New Zealand?

Investment in R&D by New Zealand’s top 22 Agri-Tech companies is up 6.5% year on year, outlining a focus on innovation for the sector. Larger Agri-Tech and primary industry companies are increasingly working with start-ups to collaborate and solve problems together, which is producing a growing number of new commercial entities.

The New Zealand Government launched its Industry Transformation Plan (ITP). The ITP sets out an approach to the long-term transformation of the Agri-Tech sector to make it more productive and sustainable as part of a zero-carbon economy through support to accelerate growth, attract investment, increase commercialisation and global opportunities, and address data interoperability.

Additional investment of NZ$339 million to support the Agriculture sector to develop and disseminate new technologies in accelerating greenhouse gas mitigations was announced in May 2022.

Find more information in our GBIP New Zealand Agri-Tech brochure.
Milestone Dates
Briefing Event: 08:00 – 09:00 on Wednesday 27 July, 2022.  Register here.
Applications Close: 12:00 on Wednesday 31 August, 2022. Online application form here
Pre-Visit Workshop: Tuesday 18 October (PM) – Wednesday 19 October (AM) 2022, London
Market Visit: Saturday 26 November – Wednesday 7 December 2022
Post-Visit Virtual Workshop: Tuesday 28 March 2023


GBIP Foundation Industries with India

Foundation Industries in India are seeing growing demand for products due to India’s increasing population, expanding market and associated large-scale public-sector investments. Through previous discussions with Indian Foundation Industries, we know similar sustainability challenges are being faced to their UK counterparts. To enable collaborative innovation on this topic, UKRI is working with the Department for Science and Technology in India on a bilateral funding opportunity in the near future. This will enable businesses attending this GBIP to meet with potential project partners. 

For this GBIP we are looking for: businesses that focus on delivering sustainability solutions for the foundation industries in India and UK SMEs in the Foundation Industries. Solutions we are looking to focus on include:

  • Enabling technologies - digital solutions, sensors and controls, heat recovery systems, value added processes for waste streams specific to the Foundation Industries
  • New business models for the Foundation Industries
  • New and efficient production processes for the Foundation Industries 
  • New supply chain models for the Foundation Industries

Find out how our GBIP with India can help your business grow.

Pre-Visit Briefing: October 2022
Market Visit: 26 November – 3 December 2022
Post-Visit Workshop: March 2023

Online application form  here. Applications close at 12pm on Wednesday 30 September, 2022


Previous programmes


GBIP in USA: Battery Technologies

Why USA? The US Government has committed to a 100% clean energy electricity grid by 2035 and a net zero transport sector by 2050. As a key enabling technology, global battery demand and manufacturing capacity is forecast to accelerate, with investment into manufacturing capacity running into the tens of billions of dollars in the US alone. 

In Executive Order 14017: America’s Supply Chains: Supply Chains for High-Capacity Batteries, the Biden Administration set out some key goals that includes:

  • create an estimated 450GWh of battery demand 
  • 10+ TWh of dispatchable energy storage to achieve net zero 
  • invest in mineral specific strategies
  • establish a National Recovery and Recycling policy. 

In the revised Atlantic Charter issued in June 2021, there was a commitment to strengthen science and technology collaboration between the UK and the US, including on batteries. Research into and development of next generation batteries is a high priority. 

Find out how our GBIP in USA can help your business grow.

Pre-Visit Workshop: 20 July 2022, Coventry
Market Visit: 10-16 September 2022
Post-Visit Workshop: 16 November 2022

Applications closed at 09:00 on Friday 10 June.


GBIP in India:  Digital Manufacturing

Why India? The pandemic has played a big part in accelerating digital adoption for businesses in India. This rapid change, combined with the Indian Government’s ambition to make India a global manufacturing hub, presents major opportunities in the digital manufacturing space. The sector ecosystem is also supported by programmes and schemes such as Make in India, Digital India and Startup India.

This initiative is relevant for businesses in the advanced manufacturing sector, focused on delivering digital manufacturing solutions, such as:

Digital design for sustainable product development
Industrial digital technologies for process efficiency and productivity optimisation
Predictive maintenance (PdM), condition monitoring, inspection, and testing
Artificial Intelligence (A.I.) and data technologies
Robotics and automation
Industrial Internet of Things (IIoT) and connected factories 
Augmented Reality (AR) & Virtual Reality (VR)

The programme will include a visit to Pune (the manufacturing, industrial and educational hub of India and 2nd largest city in Maharashtra), and Bengaluru (innovation and startup hub and capital of Karnataka). Both cities have well-developed innovation communities and ecosystems for digital manufacturing:

Pune has four universities, 200 colleges and several Industrial parks such as Hinjewadi IT park and IndoSpace. Bengaluru is home to some of the largest heavy engineering industries backed-up with a strong IT, R&D and startup ecosystem.  These areas of interest identified reflect the opportunities for participation and joint working relationships between the UK and India, and support the wider work in both cities by other parts of the UK government innovation ecosystem.

Find out how our GBIP in India can help grow your business.

Applications closed on Wednesday 22nd June.


GBIP in South Korea: Smart Cities

South Korea ranked first in the Bloomberg Index of Most Innovative Nations 2021 and is home to global leading electronics and IT companies such as Samsung, LG Electronics and Naver. For over two decades South Korea has been embracing its cutting-edge technology infrastructure and is exploiting its superfast internet speeds to solve urban problems and improve quality of life by applying smart and disruptive technologies to cities. Having invested in exemplary smart city projects it is now turning its ambitious vision into realistic plans.

In November 2021 the country’s Transport Ministry announced a $215 million investment to establish 64 local smart city platforms by 2025 and put local citizens at the heart of creating tailor-made next-generation city infrastructure.  

With an established National Strategic Smart City Programme, renowned smart city projects in Seoul and Sejong, a reputation for high R&D investment and international collaboration, this is a market which offers significant opportunity for ambitious UK companies developing technologies that solve net zero city challenges and support sustainable urban development.

  1. Find out how our GBIP in South Korea can help your business.
  2. For more information watch the briefing event here
  3. Applications are now closed.


GBIP in Germany or Canada: Artificial Intelligence

Innovative businesses are invited to apply for only one of these programmes in Germany or Canada.

Each programme consists of a preparation phase, a five-day innovation visit focussed on Artificial Intelligence (AI) that includes a post-visit exploitation workshop and support for approximately 12 months from an Innovate UK EDGE Innovation and Growth Specialist.

Why Germany? In 2018, the German government published the German AI Strategy, with an associated budget of €5 billion until 2025, which outlined the progress made in AI and the future goals of the sector. As part of the 2020 update, sustainability and international outreach is placed at the heart of new initiatives offering significant opportunities for UK companies.

Why Canada? In 2017, Canada was the first country in the world to announce a national strategy for AI with a multi-million-dollar investment supporting R&D, skills, talent attraction and retention. The country has a strong foundation in AI and a thriving start-up ecosystem. The Canadian government has also developed a series of initiatives to engage the private sector and advanced the innovation agenda, including the AI Innovation Super cluster Initiative.

Find out how our GBIPs in Germany or Canada can help your business grow.

Applications are now closed.

Watch the briefing event video from 2nd March.


GBIP in Portugal: Eureka

Why Portugal? This GBIP will include a visit to Portugal and attendance at the EUREKA Global Innovation Summit 2022 held in Estoril. It builds on the UK’s 35 years of collaborative innovation with Portugal through the EUREKA initiative, with over 600 UK and 200 Portuguese research projects collectively worth over €1.3B supported in that time. Portugal’s 3 per cent of GDP spend on R&D, and the commitment to a 45% to 55% reduction in greenhouse gas emissions by 2030 and Net Zero by 2050 makes the country a key partner. The Global Innovation Summit 2022 offers a unique possibility for selected businesses to network, exchange ideas, and develop business opportunities with businesses and other organisations from Portugal as well as over 45 other countries which are part of the EUREKA network.

Find out how our GBIP in Portugal can help your business grow.

Applications are now closed.


GBIP in India: Urban Systems

Over the next 30 years, some 400 million people are expected to move into urban environments across India. This presents major opportunities and challenges which are captured in part by the Government of India's 100 Smart Cities mission.

The vision is bold and far-reaching, striving to promote core infrastructure elements in large urban areas such as good water and electricity supplies, sanitation and affordable housing.

This initiative to India is relevant to businesses focusing on delivering net zero solutions that address:

  • citizen engagement and sustainable behaviour change
  • intelligent buildings and housing
  • new energy solutions
  • improving urban health
  • smart mobility
  • urban infrastructure, planning and transportation
  • water and waste management.

You will visit Hyderabad, the capital of Telangana, and Chennai, the capital of Tamil Nadu. Both cities have well-developed innovation communities and rank highly in smart city indices, with Chennai being a more mature smart city market and Hyderabad earlier stage and rapidly developing.

Find out how our GBIP in India can help your business grow.

Applications are now closed.


GBIP in China: Healthy Ageing

This programme aims to facilitate collaboration between UK and China for the development of motor function technology and the adaptation of urban environments to support healthy ageing.

It forms part of the Healthy Ageing Flagship Challenge Programme (FCP) delivered by the UK’s National Innovation Centre for Ageing (NICA) - a joint UK-China strategic initiative to support cutting-edge research and innovation partnerships that address global challenges.

With a rapidly ageing society, China presents many opportunities for innovative businesses to develop new products and services that will support senior citizens.

Find out how our GBIP in China can help your business grow.

Find the briefing event video from 8th February 2022 here

Applications are now closed.


GBIP in Canada: Biomanufacturing of Advanced Therapies

This programme aims to foster bilateral development and collaboration between the UK and Canada, in the area of Biomanufacturing of Advanced Therapies. It follows a successful, virtual inward visit from Canadian biomanufacturing companies and centres of research & commercialisation excellence in 2021.

There are three phases, one of which is an innovation visit to Toronto and Vancouver, both cities with excellent ecosystems in biomanufacturing. Toronto hosts 9 teaching and 23 affiliated hospitals and benefits from being in the heart of MaRS Discovery District, Toronto’s urban innovation hub. Vancouver is home to leading academic institutions hosting spin outs and incubators.
This programme is particularly relevant for businesses working in the manufacture of cell therapies such as stem cell, natural killer cells, T-cell and other engineered cell therapies; gene therapies using viral and non-viral vectors; vaccine manufacturing; and regenerative medicine.

Find out how our GBIP in Canada can help your business grow.

Watch the event briefing held on Tuesday 1 March 2022 here.

Applications are now closed.


GBIP in South Africa: Sustainable Plastics

With a population of around 60 million, an established plastic packaging production and treatment sector and approximately 800,000 tonnes of mismanaged plastic waste per year, South Africa has the scale and infrastructure to benefit from exploiting innovative solutions for plastic waste.

We are seeking applications from innovative UK businesses that are focused on, but not limited to:

  • Flexible film packs including small formats
  • Reusable packaging and refill business models
  • Collecting, cleaning, decontaminating, sorting, separating
  • End market development

Find out how our GBIP in South Africa can help your business to grow and scale globally.

Watch the event briefing held on Tuesday 1 March here.

Applications are now closed.


GBIP in Canada: Ocean Technology

Canada has become a world leader in engineering products and services suited to extreme harsh ocean environments, marine remote sensing technologies, and ocean observing systems. Atlantic Canada and Nova Scotia, in particular, is home to a strong cluster of ocean industries and to ground breaking ocean research. This region is quickly becoming a globally recognised hub of oceans expertise with the potential to be a significant contributor to a number of Global Value Chains associated with the oceans sector. 

This initiative is particularly relevant for ambitious innovative UK businesses in the areas of: aquaculture, fisheries, marine energy, marine environmental monitoring, marine net zero, marine observations, marine robotics, marine transportation, and ocean plastics.

The Innovation Visit to Halifax, Nova Scotia, includes participation at Canada’s premier event for the ocean technology sector. The H2O: Home to Overseas Conference and Exhibition will include: the ocean industry showcase, UK pavilion presence, exclusive networking opportunities through pre-arranged B2B meetings with like-minded Canadian and international businesses, formal receptions and the high-profile international Oceans Gala Dinner. This year’s conference will also include on-water demos at the Centre for Ocean Ventures & Entrepreneurship (COVE).

Find out how our GBIP in Canada can help your business to grow and scale globally.

Applications are now closed.


GBIP in the Netherlands: Women in Innovation Agri-Tech

Helping you grow and scale your business by connecting you with the world-leading Dutch Agri-Tech science and innovation eco-system

The Netherlands horticulture sector is the 2nd biggest agriculture exporter in the world, known for their modernised farming methods and innovative and sustainable farming practices. The country has enjoyed good working relationships with the UK, and shared approaches in science-based solutions.

The Agri-Food sector in both countries faces common issues including climate impacts and action, net-zero, environmental protection and resource use efficiency. This is set against the backdrop of achieving high levels of sustainable productivity to help feed our populations providing many opportunities for innovative partnerships.

This Women in Innovation Agri-Tech programme seeks to strengthen these ties through female entrepreneurs leading the way in this sector. The areas of interest for the programme are focused around:

•    Horticultural Production
•    Precision / Robotic Farming
•    Livestock Improvement / Genomics
•    Novel Foods
•    Food Waste streams
•    Net Zero

The benefit of being involved with this in-market programme will include a visit to the GreenTech Amsterdam event, providing opportunities to meet industry professionals from all over the world, as well as have the chance to visit the famous Floriade exhibition.

These areas of interest reflect the opportunities for participation and joint working relationships between the UK and the Netherlands, with collaborations in these areas already being funded through the European Framework Programme, Horizon 2020. 

Applications are now closed.


GBIP in China: Fixed and Floating Offshore Wind

China is the world's largest offshore wind market having recently overtaken the UK with 11.3GW of total installed capacity by the end of June 2024, and 3,63GW of new capacity added in the first 6 months of 2021 alone.

Find out how our GBIP in China can help your business grow. Applications are now closed.


GBIP in Singapore: Space Technology

Singapore is an advanced digital economy with leading developments in smart city and smart transport hub technologies, two important areas for satellite technology development and application. The GSTC is also the West/East bridge for the space sector bringing audiences and potential connections from the wider region.

Find out how our GBIP in Singapore can help your business grow. Applications are now closed.

Find the briefing event video from 25 October here.


GBIP in Taiwan: Offshore Renewable Energy

Taiwan is an important emerging market for the growth of low carbon energy sources such as offshore wind. The Taiwanese Bureau of Energy recently announced plans to auction 15 GW of offshore wind capacity over the next 15 years across 36 zones. 

Find out how our GBIP in Taiwan can help your business grow. Applications are now closed.


GBIP in the USA: Audience of the Future

Austin in Texas is home to South by Southwest (SXSW), best known for its conference and festivals that see the convergence of tech, film, music, education, and culture. SXSW 2022 will be the chance for digital creatives to hear cutting-edge ideas, discover new interests, and network with other professionals who share a similar appetite for forward-focused experiences.

Find out how our GBIP in the USA can help your business grow. Applications are now closed.


GBIP in Tokyo, Japan: Battery Technologies

Batteries will play an important role in helping to achieve the net-zero target by 2050. Although this area is a key strength for Japan, there are many unique opportunities for international business partnerships to help tackle some of the key challenges faced in the market. 

This initiative is particularly relevant for businesses that focus on propulsion battery development, new and emerging battery technologies (automotive battery and sub-components) and businesses that
provide stationary storage solutions for both grid and home.

Find out how our GBIP in Japan can help your business. Applications are now closed.


GBIP in South Korea: Smart Sustainable Manufacturing

South Korea benefits from world class digital infrastructure, is one of the most technologically advanced countries in the world and ranks second for R&D spending amongst OECD countries. With funding over $414.4 million supported by a national AI strategy the country is creating 2000 AI based factories, 10 smart industrial zones and building a specialist innovation and data centre to support AI based solutions and manufacturing facilities.  

With an R&D strategy which places greater investment into SMEs and international collaboration the opportunities for innovation led UK companies to contribute technical expertise and gain market access are unmissable.

Find out how our smart sustainable manufacturing GBIP in South Korea can help your business. Applications are now closed.

Find the briefing event video from 17th November here.

Learn about our other upcoming GBIPs in South Korea and how they can help your business.


GBIP in India: Medical Devices and Digital Health

The Indian government has made the medical device industry a priority for the country and is worth $11 billion. It is growing rapidly with an estimated market value of $50 billion by 2025.There are currently six medical device manufacturing clusters and more in the pipeline. 

India has also launched the National Digital Health Mission which will support integrated digital health infrastructure across the country. 

Find out how our medical devices and digital health GBIP in India can help your business. Applications are now closed.


GBIP in Sweden: Sustainable Aviation

Sweden has a long aeronautical history.  Today the aerospace sector employs over 14000 people and has an annual turnover of more than 2.6 billion Euro. Traditionally dominated by two large companies Saab AB and GKN Aerospace Sweden AB the Swedish government’s aviation strategy is placing greater emphasis on developing a strong SME aerospace community.  The country has identified itself as an international role model of sustainability and became the first country in the world in 2020 to achieve completely fossil-free airport operations.  

With a clear national research and innovation agenda set out in NRIA Flyg 2020, which prioritises the environment and international collaboration, and a background of successful bilateral funding collaborations run by ATI and Vinnova 2018 and 2020,  this market offers significant opportunity for UK companies developing sustainable aviation solutions.

Find out how our  GBIP in Sweden can help your business. 

Find the briefing event recording here
Applications are now closed.  


GBIP in China: Audience of the Future

China’s Ministry of Culture and Tourism recently released the new five-year plan for cultural industry development 2021-2025. The plan encourages new technologies and digitisation to promote the innovation and product development. China's VR industry reached 41.35 billion yuan in 2020 and is expected to reach 105.16 billion yuan in 2023. Development of 5G is expected to have a positive impact on the deployment and adoption of immersive technologies, especially within education, healthcare, entertainment, and telecommuting.

This initiative is particularly relevant for businesses in AR/VR/MR/XR, Haptics, Sonics and other Sensory interfaces, Advanced Visualisations and Display technologies, AI & 5G, Real time and associated production technologies.

Find out how our GBIP in China can help your business grow. Applications are now closed.

GBIP in Singapore: AgriFood

Asia is expected to be home to 5 billion people by 2050, accounting for 60% of global food consumption. To meet this demand, governments are actively pursuing strategies to ensure greater food security.

The ASEAN region is emerging as a major hub for AgriFood and aquaculture innovation and there are significant opportunities for innovative businesses to be successful in the areas of advanced AgriFood and food solutions.

Find out how our GBIP in Singapore can help your business grow. Applications are now closed.


GBIP in India: Sustainable Fashion

India is an international superpower in textile and garment manufacturing, with the industry predicted to be the sixth largest in the world by 2022,worth over £44bn. 

With India being the fourth largest supplier of textile and apparel products to the UK, there is an opportunity for the UK fashion industry to work with India to lead the development of ethical and sustainability practices, and help address environmental challenges to benefit the economy for both nations.

Find out how our GBIP in India can help your business grow. Applications are now closed.


GBIP in Japan: 5G Technology

This visit focuses on Japan’s game-changing cellular technology system. Japan is embracing 5G and is expected to become the dominant force in cellular technology by 2026. 

The country is also leading the way in cellular technology, with a multi-national company, Soft Bank aiming to deploy over 50,000 5G base stations to target 90% of the population by March 2022. 

This initiative is particularly relevant for businesses that focus on the diversification of the UK’s 5G ecosystem, including enhanced cyber security, speed of deployment and a reduction in the integration barriers. 

Find out how our GBIP in Japan can help your business grow.

Applications are now closed. Visit: 5-12 November 2022.


GBIP in South Korea: Immersive Technology 

South Korea is an emerging key player in the metaverse, spring boarding from its strong gaming industry and popular culture content. President Moon Jae-in’s Digital New Deal 2.0 has pledged up to 30 billion won ($26 million) in 2022 to support the industry. 

The “metaverse alliance” created in May 2021 to coordinate and facilitate the development of virtual and augmented reality platforms now boasts 600 companies including Samsung, Hyundai Motors, SK Telecom, and KT.  

With a government leading the way toward public-private technological innovation partnerships and focusing greater investment into SME’s and international collaboration, this market offers significant opportunity for ambitious UK digital creative tech companies. 

Find out how our GBIP in South Korea can help your business.

Briefing event recording here. Applications are now closed.


GBIP in Taiwan: Smart Cities

This programme will support innovative companies that could deliver net-zero ambitions for urban places, and progress sustainable behavioural change in all parts of society.

We welcome applications from companies developing new technologies to address challenges in smart healthcare, smart mobility, intelligent buildings, urban infrastructure and planning.


Taipei in Taiwan developed the Smart City initiative as a blueprint for the future, aiming to establish social involvement in green energy into everyday life.

Taiwan is an excellent testbed for cuture cities innovations and this programme will enable you to find potential collaborators and improve your company's value proposition to international partners and investors.

Find out how the GBIP in Taiwan can support your business.

Applications are now closed.

Pre-visit workshops: 9 March and 13-14 April 2022. Visit: May-June 2022 (tbc when border restrictions are updated).


GBIP in Israel: Industrial Clean Growth

This is a programme funded under The Industrial Strategy Challenge Fund. This initiative is particularly relevant for businesses that develop low-carbon technologies that will increase the competitiveness of the industry and contribute to the UK’s drive for clean growth, through carbon capture, utilisation and storage (CCUS), low carbon hydrogen, fuel switching on industrial sites and low regret technologies.

Over the last three years, Israel has seen rapid growth in the areas of Clean Energy, Green Construction, Agile Chains, Novel Materials and Circularity. Known as the ‘Start-Up Nation’, Israel has over 600 climate-tech start-ups focusing on these key challenges.

This young and energetic ecosystem, coupled with unprecedented scale up success presents many opportunities for knowledge exchange, collaboration and development.

Find out how our GBIP in Israel can help your business grow.

Visit dates: 16th - 21st July, 2022

Applications are now closed.


GBIP in South Korea: Hydrogen


South Korea’s 2019 Hydrogen Economy Road map sets out the country’s plan to dominate the global hydrogen market with goals to produce 6.2 million fuel cell electric vehicles, 41 thousand hydrogen buses, roll out over one thousand re-fuelling stations and supply 15GW of fuel cells for power generation by 2040.

Further investment was announced by President Moon Jae-in with Korea’s “2020 Green New Deal” endorsing the country’s aim to achieve sustainable economic recovery by promoting a green transition in infrastructure and low carbon de-centralised energy supply.

The City of Ulsan, home to automotive giant Hyundai, is projected to attract $4.8 billion in hydrogen investments by 2030 and aims to become the largest Hydrogen Hub in Northeast Asia.

Benefitting from a free trade agreement with the UK and with a hydrogen economy set to double in size from £9.1 to £17.3 billion in the next 10 years, South Korea offers significant opportunities for UK companies developing hydrogen technologies.

Find out how our GBIP in South Korea can help your business.

Applications are now closed.

What our clients say about us

Neciah Dorh Fluoretiq

I recommend Innovate UK EDGE to any innovation-driven growth business Our dedicated specialist has made a decisive contribution to our success.

Neciah Dorh FluoretiQ