The Technology Strategy Board recently launched a new Grant for Research and Development programme designed specifically for individual small to medium enterprises.
Aimed at SME's engaged in technology-based R&D projects, three types of grant are available for proof of market projects, proof of concept and development of prototype - with funding levels ranging from £25k - £250k.
Grant for R&D is a successor to funding programmes previously available from Regional Development Agencies, however some of the qualification criteria are different and businesses need to ensure that applications are specifically aimed at the new scheme.
To apply see here:
http://www.innovateuk.org/deliveringinnovation/grant-for-research-and-development.ashx
To see how ApplyInnovation might help your business see here:
http://www.applyinnovation.com
Apply provides expert advice on business, project and product development to clients engaged with capital projects.
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