By Andrew James
Just a quick blog to advise and remind businesses in Cornwall & Isles of Scilly (or looking to set up a base here) that there are a number of business support programmes operating with a focus on research and development that could be sources of grant funding, including those below. Please note that grants are only part of the offering on these business support programmes.
|Aerospace Cornwall||£5k grant for businesses that work in the advanced technology or digital sector in Cornwall and that are or want to be part of the space and aerospace sector. Grant can be used to:
· Buy or update software or equipment
· Attend exhibitions and events to promote your idea, product or service
· Tap into research and expertise
T: 07484 937951
|ATI innovation fund||50/50 match basis for those businesses that Acceleration Through Innovation (ATI) work with on developing their new products / services or internal processes. The average grant is around £6,500 (£13,000 project size). Focus has been on ‘new’ products / services but they do have a focus on innovation within the business with process innovations.||T: 01209 705 166
E: Email now
|Marine i||Two schemes:
· Rapid Innovation Grants. These are 100% grants of up to £2,000 to help accelerate your innovation. The money can be used to purchase services or equipment to help take your idea or innovation to the next level
· Delegated marine grant scheme that has been specifically designed to drive marine sector research, development and innovation and help bring new marine products, processes and services to market. Subject to eligibility, reimbursable grants of £2,000 to £150,000 are available for projects with growth potential
|T: +44 01872 327767
E: Email now
|Agri-tech Cornwall and Isles of Scilly||The Agri-tech Innovation Grants are managed and administered by Cornwall Development Company. These grants range from £2,500 to £50,000 and are available for eligible small and medium sized businesses (SMEs) based in Cornwall and the Isles of Scilly and can be used towards the cost of a range of Research, Development and Innovation and (RD&I) activities.
These can include feasibility studies, commissioning specialist research, the purchase of equipment for RD&I related activity, or to cover consultancy costs to undertake an RD&I project.
|Elizabeth Gilbert Agri-tech Business Engagement Manager
T: 07483 134989
In addition, there are a number of Innovate UK funding competitions open – I will look to blog on these later this week, but for now, details of open competitions can be found here.
As always with a blog on R&D grant funding, it is worth mentioning R&D Tax Credits and also recommending that you take advice on the interaction of R&D Tax Credits and grant funding. A number of my colleagues are specialists in the area of R&D Tax Credits and I am sure they would be happy to speak to you on these matters.