[cma-l] Funding News: Grant for Research and Development: innovation support for small and medium enterprises (UK-wide)

[CMA-L]

The Technology Strategy Board recently launched a new Grant for
Research and Development programme designed specifically for
individual small to medium enterprises.

Grant for R&D offers funding to help SMEs engage in technology-based
R&D projects from which successful new products, processes and
services could emerge, stimulating future economic growth.

Three types of grant are available - for proof of market projects,
proof of concept and development of prototype. Depending on the type
of grant, funding levels range from £25,000 to £250,000.

The Technology Strategy Board's Grant for R&D scheme is a successor to
the programme which was previously available from many of the Regional
Development Agencies, and shares similar objectives. It will work
alongside existing programmes in Scotland, Wales and Northern Ireland.

However Grant for R&D is not simply a continuation of the RDA schemes;
some of the arrangements and criteria are different. Businesses
wishing to apply will need to study the guidance for applicants
carefully and note that applications will have to be tailored
specifically to the new scheme.

Grant for R&D is open now; for full information including eligibility
and how to apply, please see:

http://www.innovateuk.org/deliveringinnovation/grant-for-research-and-development.ashx

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