What is it?
Grant for Research and Development
Grant
for Research and Development provides grants to help individuals and small and
medium-sized businesses research and develop technologically innovative products
and processes.
The help described here is available in England. (Scotland,
Wales,
and Northern
Ireland have their own initiatives).
- Micro
Projects are simple low cost development projects lasting
no longer than 12 months. The output should be a simple
prototype of a novel or innovative product or process. A grant
of up to £20,000 is available to businesses with fewer than
10 employees.
- Research
Projects typically involve planned research or critical
investigation lasting between 6 and 18 months. The result of
the project could be new scientific or technical knowledge that
may be useful in developing a new product or process. A
grant of up to £75,000 is available to businesses with fewer
than 50 employees.
- Development
Projects involve the shaping of industrial research
into a pre-production prototype of a technologically innovative
product or industrial process. A grant of up to £200,000
is available for businesses with fewer than 250 employees.
- Exceptional
Projects involve technology developments which have
higher costs. These projects are likely to generate much
wider economic benefits and must have strategic importance for
a technology or industrial sector. A grant of up to £500,000
is available to businesses with fewer than 250 employees.
For more information,
contact your local Business Link on 0845 600 9 006 or visit www.businesslink.gov.uk.
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