Helping to fund the future

    So far this calendar year we have secured over £12m in grant funding for UK SMEs. Recent success stories include:

    £250,000 in grant funding for an automation company to develop a cobot to work alongside humans. Much has been written about Industry 4.0 and the role that Artificial Intelligence and robotics will play in manufacturing processes in the future. Colleague robots (cobots) are adaptable robotic assistants and we are proud to have helped a UK company lead the way in this emerging technology. The grant is 70% of the total project costs and is not repayable. 

    £141,000 in grant funding for a Glasgow based company to invest in plastic injection moulding equipment to manufacture ice cream tubs. The grant is 20% of the total project costs and is not repayable.

    £67,000 in grant funding for a Derbyshire based company to invest rubber moulding equipment to manufacture automotive components. The renaissance of UK automotive manufacturing has led to growth opportunities at all stages of the supply chain. Where companies may struggle to make key purchases on purely commercial terms, there are often grants from Local Enterprise Partnerships with automotive and aerospace supply chain companies particularly encouraged to apply. The grant is 20% of the total project costs and is not repayable.

    Could the funding team help you?   

    We continuously monitor funding opportunities, from multi-million pound international collaborative grants to small start-up loans. We can produce bespoke funding reports upon request, making sense of the myriad of different grants and business loans out there. We can prepare complicated application forms and answer the market and commercial questions that so many small businesses struggle to understand. Our service doesn’t stop with producing an application; we guide customers through the administration of accepting and running a grant as well.     

    Key open funding calls

    Innovate UK Open Competition - deadline 9 August, £25k to £2m projects, seeking the best innovative technology development ideas from any business sector.

    Innovate UK Infrastructure Systems - deadline 13 September, £25k to £2m projects in energy, utilities, smart cities and transport research.

    SBRI Healthcare - deadline TBA, £100k feasibility studies for new ideas in cancer diagnostics and care, with an opportunity for £1m follow-on funding. 

    We have also received provisional deadlines for other Innovate UK calls:

    • Emerging and Enabling technologies - 8 November
    • Health and Life Sciences - 6 December   

    If you would like to explore the funding available, please contact a member of the funding team on 0114 236 4457.