The Government’s funding regimes has changed since the last general
elections with many schemes being cut and funding is now based on
technology sectors. As such, it is difficult to summarise what is
available at any particular time. We suggest that you speak to us as
soon as you think you have an innovative solution to a real market need
and we will research what is available and then suggest a pathway to
apply for and secure grant support.
Generally, SMEs can get upto 70% funding for projects of upto £1million
and lasting upto 36 months of research.
The research projects need to be novel leading to new products,
processes or services. Importantly, the projects must demonstrate a
clear and anticipated growth impact for the business leading to a
significant return on investment (ROI).