Take a look at these videos, which showcase some of the UK manufacturers Innovate UK has funded.
Versarien was founded at the end of 2010 to commercialise an innovative process for making metallic foams developed at the University of Liverpool.
It has resulted in rapid growth – from 2 people working out of a garage to a £5m business working on 4 sites and with a listing on the London stock exchange.
Neil Ricketts, founder and chief executive, said: If we had not got that first grant, there is no way we would have been able to pursue that market or create jobs. It took the risk out for our shareholders and created a huge amount of validation. It said that we had something very good.