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Caroline Clark
Science City Bristol

South West Innovation Vouchers
Support for SMEs to innovate and grow
What are South West
Innovation Vouchers?
What can they be used for?
Who can apply?
Summary
•
•
•
•
•
•

Grant funding aimed at South West SMEs
Max £10k project value
40% ERDF funding (60% from the business)
Ideally ‘new’ collaborations with knowledge base
Straightforward: No calls, no deadlines, fast
Relationship with KBP is maintained
 Could lead to further funding -> KTP?
What happens next?
caroline.clark@sciencecitybristol.com
07779 230283
Who’s at Venturefest?
Who’s at Venturefest?

The Pitch at Venturefest

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VFB 2013 - Grants and vouchers - South West Innovation Vouchers

Editor's Notes

  1. Funding for businesses to buy in external expertise from a university, college or public sector research establishment. Ideally for the first time.40% support for projects with a total value ranging from £3k to £10KThe business must provide the 60% match funding.Open for applications from now until early 2015.
  2. To help with any innovative approach to the specific challenge you identifyMost types of innovation can be supported but it should represent a real innovative challenge for your businessConsultancy from academic partnersUsing design to improve your businessResearch and developmentUsing specialist facilities or equipmentDesign, prototyping and testing of new products, services or processesTechnical validation of a technology or processTailored training or CPD
  3. Registered uk businessSMEs in the SW competitiveness areaFewer than 250 employees Turnover below £40million
  4. Business must provide the 60% match funding 
  5. Contact meSupport you in building a project to achieve your innovation objectivesHelp find a suitable knowledge base partnerProvide support throughout the project until the funding has been claimed
  6.  
  7.