Research and Development Grant
This is a scheme to support research and development work on innovative, technology-focused products or processes for entrepreneurs and SMEs in the East of England. There are four types of grants available ranging from £20k to £500k, each supporting a different aspect of research and development:
- Micro project grant to develop a simple, low-cost prototype of an innovative product or process.
- Research project grant to help assess the technological and commercial feasibility of turning highly innovative technology into a new product or process.
- Development project grant to help develop a pre-production prototype of a new product or process involving significant technological advance. and
- Exceptional development project grant to help develop a new technology that is strategically important to an industrial.
Further details of the scheme and how you can apply can be found on the EEDA website
Capital Grant Scheme
This grant is designed to help businesses grow through capital investment to improve productivity and efficiency, create employment and assist business development. A minimum grant of £10,000 is available levels of support depend on the quality of the project and its impact on productivity and skills typical grant award would be around 10% to 15% of the total eligible capital expenditure.
Further details including eligibility criteria and how to apply can be found on the EEDA website
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