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Government Announces £8m Business Basics Fund to Boost Englandís Small Firms

The new Business Basics Fund has been established to test new and innovative ways of supporting smal...

Innovate UK Innovation Loans - new round opening 2nd July 2018

Innovate UK is to offer up to £10 million in loans to micro, small and medium-sized enterprises (SME...

Events

Next Generation Tooling - Delivering Cost Effective Solutions for the Composites Industry, 22nd August 2018, Bristol

This workshop, run by the Composites Leadership Forum, will bring together Tier 1 and 2 suppliers al...

The 5th UK-Korea Offshore Engineering Partnering Event, 4th September 2018, London

Explore opportunities in the Korean Shipbuilding Market and Oil and Gas market at this DIT organised...

Innovate UK Innovation Loans - registration closes 6th June 2018

Innovate UK's Innovation Loans for game-changing innovations with strong commercial potential that will significantly improve the UK economy are open for registration until 6th June 2018.

Innovate UK has up to £10 million in loans on offer to micro, small and medium-sized enterprises (SMEs). Loans are for highly innovative late stage projects with the best game changing and/or disruptive ideas or concepts. There should be a clear route to commercialisation and economic impact.

Projects should aim to develop new products, processes or services (or innovative use of existing ones) believed to be significantly ahead of anything similar in the field.

Your proposal can come from any technology (including arts, design, media or creative industries) and any part of the economy.

Projects must focus on commercialisation, growth or scale up. Priority is given to proposals likely to lead to growth, gains in productivity and/or access to new overseas markets through export.

Projects should last up to 5 years, of which up to 3 years can focus on late stage research and development (R&D), and up to 2 more years on establishing 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

This is the first in a series of 3 open loan competitions. A further 2 competitions are planned later in the year.

For more information please visit: https://tinyurl.com/ybhfublq

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Posted 2018-05-21 11:40:31

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