What support is available? revenue grant to help towards product development costs such as parts and materials, testing or patent costs - £10,000 capital grant to help towards purchasing items such as machinery or tooling - £10,000 or £15,000

revenue grant to help towards product development costs such as parts and materials, testing or patent costs - £10,000

capital grant to help towards purchasing items such as machinery or tooling - £10,000 or £15,000

Who can apply? West Midlands based SMEs developing an innovative new product, process or service collaborating with at least 2 other West Midlands based SMEs

West Midlands based SMEs

developing an innovative new product, process or service

collaborating with at least 2 other West Midlands based SMEs

How do you apply? guidance notes and application pack available on the web site or from the Project Team complete Application Forms and Project Application Template guidance and support provided to help you put your application together from receiving a finalised application we aim to make a decision within 2 weeks all applicants will be referred to Business Link

guidance notes and application pack available on the web site or from the Project Team

complete Application Forms and Project Application Template

guidance and support provided to help you put your application together

from receiving a finalised application we aim to make a decision within 2 weeks

all applicants will be referred to Business Link

How is the grant made up? your project budget should be twice the amount of grant being applied for you must evidence external spend to a minimum of the grant value remainder of the project budget to be made up of staff time costs and any additional spend grant paid in two instalments, one half way through and one at the end of the project

your project budget should be twice the amount of grant being applied for

you must evidence external spend to a minimum of the grant value

remainder of the project budget to be made up of staff time costs and any additional spend

grant paid in two instalments, one half way through and one at the end of the project

Previous Clients Ferris Tech Bait Bomb - an innovative bait delivery system for the leisure angler. With the aid of a £15K capital grant they purchased tooling allowing them to go into manufacturing within the West Midlands.

Ferris Tech

Bait Bomb - an innovative bait delivery system for the leisure angler. With the aid of a £15K capital grant they purchased tooling allowing them to go into manufacturing within the West Midlands.

Previous Clients Next Generation Turbines Having received a £10K revenue grant they designed and developed an innovative new 2 piece wind turbine mast. By producing their own masts they will no longer need to import. New web site and marketing materials were also put in place.

Next Generation Turbines

Having received a £10K revenue grant they designed and developed an innovative new 2 piece wind turbine mast. By producing their own masts they will no longer need to import. New web site and marketing materials were also put in place.

Previous Clients Comfy Catch Bib The bib was designed to combine the comfort of a terry bib with the practicability of a pelican bib. Grant used to develop and test prototypes.

Comfy Catch Bib

The bib was designed to combine the comfort of a terry bib with the practicability of a pelican bib. Grant used to develop and test prototypes.

Success to date we have been running since 2002 over 280 networks supported new sales of over £14 million over 700 jobs created or safeguarded 94% of participants would recommend the scheme to others 90% of participants found partners valuable or essential to the success of their projects

we have been running since 2002

over 280 networks supported

new sales of over £14 million

over 700 jobs created or safeguarded

94% of participants would recommend the scheme to others

90% of participants found partners valuable or essential to the success of their projects

For further information Please contact the Project team [email_address] Gill Roberts – Project Manager 024 7623 6391 Suzi Archer – Project Officer 024 7623 6326 www.2wm.co.uk/innovation-networks

Please contact the Project team

[email_address]

Gill Roberts – Project Manager 024 7623 6391

Suzi Archer – Project Officer 024 7623 6326

www.2wm.co.uk/innovation-networks