Engineering & Manufacturing
IT & Software
Food & Drink Manufacturing
There are many different grants which can be applicable for you business. Government funding programmes can help fund many business expenses, including; employee training, product development, website building, equipment purchasing and much more.
Explaining R&D grants:
R&D grants can provide an essential source of match funding for your innovative project. However, applying for R&D grant funding is convoluted and time consuming. What’s more, your time could be wasted because applying for grant funding is highly competitive, with only the highest quality application standing any chance of success.
Proposed R&D projects and costs must also be realistic with a clear commercial opportunity, with the aims of creating new or exploiting significant growth within the market.
R&D projects must seek to solve a technical uncertainty by undertaking risky or innovative research and development. It is for this purpose that R&D grants are often awarded to fund R&D projects deemed too risky for private sector investment.