5. Summary
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Grant funding aimed at South West SMEs
Max ÂŁ10k project value
40% ERDF funding (60% from the business)
Ideally ânewâ collaborations with knowledge base
Straightforward: No calls, no deadlines, fast
Relationship with KBP is maintained
ï§ Could lead to further funding -> KTP?
Funding for businesses to buy in external expertise from a university, college or public sector research establishment. Ideally for the first time.40% support for projects with a total value ranging from ÂŁ3k to ÂŁ10KThe business must provide the 60% match funding.Open for applications from now until early 2015.
To help with any innovative approach to the specific challenge you identifyMost types of innovation can be supported but it should represent a real innovative challenge for your businessConsultancy from academic partnersUsing design to improve your businessResearch and developmentUsing specialist facilities or equipmentDesign, prototyping and testing of new products, services or processesTechnical validation of a technology or processTailored training or CPD
Registered uk businessSMEs in the SW competitiveness areaFewer than 250 employees Turnover below ÂŁ40million
Business must provide the 60% match fundingÂ
Contact meSupport you in building a project to achieve your innovation objectivesHelp find a suitable knowledge base partnerProvide support throughout the project until the funding has been claimed