Lack of finance is one of the biggest barriers to innovation. To overcome this we offer small business grants from £1k – £10k towards your research and development costs, which we ask you to match at 50%. The money can be used for a whole range of activity, whether that be to purchase equipment, test a product or pay for specialist support, it’s flexible to fit in with your needs.
Unlike a loan, grant funding doesn’t need repaying. We want to see your ideas and business succeed and are prepared to support that functionally as we know that a relatively small amount of investment car result in large economic benefits for the wider county.
The grants can’t be applied for retrospectively, so get in touch in the early stages of your project development to see if we can provide finding towards your costs.