This form is used for Grant Expression of Interest & Workshop / Events.
For Expression of Interest & Workshop / Events please fill in Section 1, 2 & 4 Only.
• Grants of up to £5,000 available (37% intervention)
• Fund external specialist support to help you research, protect, develop & launch to market a new product or service.
• The Grant can be used to pay for external specialist advice in areas such as IPR strategy, Proof of Concept, Product Design and Development, IT support, Software Development, Financial advice, Testing and a Marketing strategy for a new product, process or service.
Q&A's
Within Staffordshire, we provide one to one advice to individuals or businesses on their new product ideas. We run a number of FREE self-development workshops and events focussing on innovation - Intellectual Property Rights, New Product Development, New Product Marketing, R&D Tax Relief and other ad hoc subjects around Innovation. We also currently have a £5,000 New Product Development Grant to help companies research, develop and launch to market a new product or service.
This grant can be used to help companies pay for external assistance to help them research, develop and launch to market a new product or service. We have helped 360 companies in Staffordshire since we started the project in 2016 and look forward to helping to bring many more to market.
The typical expenditure would include Patent or Trade Mark Attorney Fees – we can’t pay towards a Patent or a Trade Mark itself but we could help with the fees for the advice these Attorneys give. It would also include the work done by market research companies, product designers, sofware companies, legal entities, testing facilities es etc – any consultancy fees where a company has to pay for external advice.
Our grant is for Staffordshire based B2B (business to business activity) companies or new start-up companies with a new product idea which they would sell business to business. As this project is an extension, companies who have received funding from us since 2016 are unfortunately unable to apply.
There are a number of sectors in which businesses should not be supported with ERDF due to the existence of particular State Aid and other regimes, or because Aid would distort competition. The following are ineligible for ERDF support:
- Fishery and aquaculture sectors supported by EFF
- Primary production, processing and marketing of agricultural products, supported by EAFRD
- Coal, steel and shipbuilding sectors
- The synthetic fibres sector
- Generalised (school age) education
- Banking and insurance companies
- Defence and Safety
- Retail businesses (supporting or refurbishing retail facilities).
NB: ERDF can be used to support the business growth and low carbon needs of retail businesses as part of projects that are not exclusively targeted at the retail sector. Revenue support for the retail sector is eligible where the following is met by a project: - the business supported in an SME; and - the support is not exclusively or predominately targeted at retail businesses.
The grant will be up to £9,000 and we would be able to give back to the companies 37% of their overall expenditure. To receive the full amount of £9,000 the company’s eligible external consultancy fees would need to be around £24,000.
Complete the form below and you will then be contacted to arrange an appointment. This appointment will go through the full application form and the process from application to grant offer.
Any questions, telephone 01782 333798.