UWE Bristol are launching a new round of Innovation 4 Growth, a funding programme that supports SMEs in Swindon & Wiltshire undertaking innovative research and development (R&D) projects.
SMEs can apply for grants of £10,000 to £40,000 to help their projects, with the programme covering 35% of project costs.
Funded by the European Regional Development Fund, and delivered by UWE Bristol, Innovation 4 Growth is open to projects from all sectors,creating new products, new services and new jobs in the region. Applicants must be small or medium sized enterprises and based in Swindon & Wiltshire.
Businesses can access dedicated support from a team of experts at UWE Bristol to help businesses develop project ideas and submit grant applications.
The deadline for completed applications is midday on 16 June 2021. Register your interest for an application form and one to one support at www.innovation4growth.co.uk.
The programme is also hosting a series of free training workshops, starting on 11 May 2021, for SMEs in Swindon & Wiltshire to support them to develop innovative products, processes, technologies, and services. The workshops will be suitable for SMEs at any stage that want to innovate and grow their businesses. Register your interest for more information and an invite to sign up at www.innovation4growth.co.uk.
Professor Martin Boddy, Pro Vice-Chancellor for Research and Enterprise at UWE Bristol, said: “UWE Bristol is proud to be supporting SMEs in Swindon & Wiltshire. This programme aims to support companies to realise their potential through innovation and R&D. The Innovation 4 Growth programme in the West of England has supported hundreds of companies, giving out £1.5m of grants and created 130 jobs. We are excited to be able to bring Innovation 4 Growth to Swindon & Wiltshire and look forward to working with the region’s SMEs.”
Paddy Bradley, Swindon and Wiltshire Local Enterprise Partnership CEO, said of the scheme: “SMEs are the beating heart of our local economy and we welcome this effective grant funding programme to the area. Targeting innovation through funding research and development programmes will help elevate our region through job creation, skills development and new to market products. I am looking forward to seeing the work that comes out of this exciting programme.”
UWE Bristol are currently running a separate funding scheme for SMEs in Gloucestershire who want to apply for grant funding to scale up. Find out more about Scale Up 4 Growth here. SMEs in the West of England can access free Digital Support from UWE Bristol, find out more here.
Notes to editors
Swindon & Wiltshire Innovation 4 Growth is a business support programme delivered by UWE Bristol and funded by the European Regional Development Fund (ERDF). Swindon & Wiltshire Innovation 4 Growth will receive up to £760,000 of funding from the European Regional Development Fund (ERDF), as part of the European Structural and Investment Funds (ESIF) Growth Programme 2014-2020. The Ministry of Housing, Communities and Local Government is the Managing Authority for ERDF. Established by the European Union, the ERDF helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, job creation and local community regeneration.