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Bournemouth and Poole College in collaboration with Bournemouth University have announced the develo...

Have your say in what the skills shortages are in the marine industry before 6th January 2019

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Events

Wave Energy Converter Meet the Buyer event, 24th January 2019, Falmouth

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Free Grant Writing Breakfast Briefing workshop, 5th February 2019, Southampton

SETsquared, the Enterprise Collaboration between the universities of Bath, Bristol, Exeter, Southamp...

Innovation loans from Innovate UK

Innovate UK has up to £10 million in innovation loans for UK SMEs' late-stage manufacturing and materials projects.

Innovate UK is to offer up to £10 million in loans to micro, small and medium enterprises (SMEs) for innovative manufacturing or materials projects.

The aim of this competition is to provide a loan which will help SMEs increase manufacturing readiness. This applies to innovations in manufacturing systems, technologies or processes, and/or materials development, properties, integration or reuse.

Proposals should focus on the scale-up of recent or ongoing manufacturing process innovation and/or materials development activities. The project's aim should be to enable UK based companies to progress innovative manufacturing or materials developments to commercial readiness.

Projects should last up to 5 years, of which up to 3 years can focus on research and development (R&D), and up to 2 more years to establish a clear route to commercial success. Loan repayments will be required over a further period of up to 5 years.

Businesses must be able to show that they:

* can cover interest payments
* will be able to repay the loan on time
* need public funding

Loans of between £100,000 and £1 million are available. Projects should last up to 5 years.

Registration for this fund closes: Wednesday 25th April 2018 12:00pm.

For more information please visit:
https://apply-for-innovation-funding.service.gov.uk/competition/116/overview

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Posted 2018-03-23 08:51:31

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