The North of Tyne Innovation Recovery Grant is still open for applications, but time is running out to secure funding for innovation projects totalling between £10k-£20k. The Grant provides a 50% contribution towards your total costs and is delivered by NBSL and Innovation SuperNetwork. Not sure if your project is eligible, read on to learn more.
What type of projects does the grant fund?
Innovation could be an inventive new product which transforms society, industry or your sector. It could also be a project which improves productivity or efficiency within your business. This could include bringing in new equipment, implementing a new innovative process, and digitising or automating an element of your production. If you’re doing something differently or launching a truly innovative new product or service – This email address is being protected from spambots. You need JavaScript enabled to view it..
What support is available for businesses who are innovating?
The Innovation SuperNetwork are experts in innovation support, tapping into the region’s clusters to provide bespoke support for businesses who are innovating. Support includes:
- helping you build an innovation pathway to ensure your project is delivered on time and to budget,
- helping you access grant funding and equity finance,
- connecting you with suppliers who can help you launch your product to market, and
- supporting your network so you can build on collaborative approaches to innovation delivery.
Is my business eligible?
The North of Tyne Innovation Recovery Grant is available to small and medium-sized enterprises based in Newcastle, Northumberland or North Tyneside.
Still have questions, get in touch: This email address is being protected from spambots. You need JavaScript enabled to view it.
