Non-Dilutive Funding: Powering Innovation Without Equity Loss

Non-dilutive funding enables businesses to fuel growth and innovation without giving up ownership or equity. In the UK and internationally, there is a growing ecosystem of non-dilutive innovation funding options — from government grants and tax incentives to repayable finance mechanisms.

At FI Group, we help companies unlock these funding streams strategically. With deep expertise in R&D Tax Relief, innovation grants, and collaborative funding mechanisms, we ensure your business maximises available support while retaining full control of its equity.

What Is Non-Dilutive Funding?

Non-dilutive funding refers to financial support that does not require the business to give away shares or control in return. Unlike venture capital or angel investment, these funds support innovation and growth without affecting ownership.

Examples include:

• Government innovation grants (e.g., Innovate UK, Horizon Europe)
• R&D Tax Relief and R&D Expenditure Credit (RDEC)
• Patent Box Tax Relief
• Public-private partnership funding
• Debt finance (e.g. via innovation-aligned lenders)