Technology Strategy BoardDriving Innovation Innovation Vo uchers up to £5k funding for SMEs Simple online applicationHelping your business to access the knowledge it needs to innovate
What areInnovation Vouchers?The Technology Strategy Board’s national Innovation Voucher What will we fund?scheme is designed to help businesses gain the knowledge The Innovation Voucher can enablethey need to innovate and grow. your business to access knowledge for all types of innovation – for example:An Innovation Voucher can help your business to work with K ideas for new or improved products, processes and servicesan external expert for the first time by paying towards the cost K using design to improve your ideasof their services. K managing your intellectual property. However, you need to be clear thatWe are providing Innovation Vouchers Initially, Innovation Vouchers will be accessing this knowledge will helpfor start-up, micro, small and medium-sized available to businesses that are working your business address a realenterprises to work with ‘knowledge on – or aiming to work on – ideas in the challenge, not just a smallsuppliers’ such as: following three priority areas: improvement or change to whatK universities and further education K agrifood – voucher value up to £5k you currently do. colleges K built environment – voucher value Innovation Vouchers help you to obtainK research and technology organisations up to £5k expert advice from a knowledgeK technical consultancies K space – voucher value up to £8k supplier you haven’t worked withK Catapult centres (in association with the International before, not to fund general business Space Innovation Centre). needs such as training or equipment.K design advisersK intellectual property advisers.
Is this for you - Applying is simple!are you eligible to apply? K apply via the Technology Strategy Board website at:An Innovation Voucher will enable you to work with an external www.innovateuk.org/Competitions K provide details of your businessexpert for the first time so you can move forward with a and answer some simple questionsparticular idea or innovation. It can also be used to help you about why you want an Innovation Voucher and what you plan to dothink through an idea that might lead you to apply for other K apply any time for agrifood andtypes of support offered by the Technology Strategy Board. built environment K applications for Innovation Vouchers in the space area canTo qualify: be made up until 24 OctoberK you need to be a start-up, micro or K your idea must be applicable to the K Vouchers will be allocated by small and medium-sized business agrifood, built environment or space means of a draw from eligible located in the UK* areas applications. In the first round, starting in September 2012,K it should be the first time that you have K you should not have received an around 400 vouchers will be issued. worked with your selected knowledge Innovation Voucher from the Technology In later rounds around 100 will be supplier Strategy Board before. issued every three monthsK the idea that you want help with should K to find out more information join be a challenge for your business that the Innovation Vouchers group requires specialist help on _connect at: https://connect.* Unsure if your business is an SME? Start-ups and small and medium-sized innovateuk.org/web/guest/home businesses from all sectors across the UK can qualify. We use the European definition of SME, see: http://ec.europa.eu/enterprise/ policies/sme/facts-figures-analysis/sme-definition/index_en.htm