Monday, June 29, 2009

AWM Close Proof Of Concept Grant

I have just been speaking to The University of Wolverhampton who adminisiter the Black Country node for the AWM Proof of Concept Grant Fund. They tell me that all projects under the fund must be completed by March 2010 and therefore the fund is closing for new applications very shortly.

So if you run an SME in The West Midlands and yo9u have a great and innovative business product idea now is the time to email me for more information. The scheme offers a 75% grant with a maximum value of £30,000 so it is worth applying for. It's certainly worth the email.

You can find details of our grant application service on our website. So drop me an email. This is the last opportunity. Don't wate it!

Posted by Martin Parry of http://www.straightfinance.co.uk/

Wednesday, June 10, 2009

Improvements and Changes to UK Business Grants

There have been some major changes announced to some of the nationally based grant programmes in the UK.

Proof of Market funding is now available. Small scale projects lasting between 3 and 9 months To carry out desk based research into the commercial potential of an idea, funding between £5,000 and £20,000 available Provide support at 60% of eligible costs (maximum > project cost £33,000) For companies with less than 250 employees, a > turnover of less than £34M or annual balance sheet total (total assets net of depreciation) of no more than £29M.

Development project grants:

Grants up to 35% of the R&D costs maximum grant £250,000, for companies with up to 250 employees and a turnover of less than £34M or an annual balance sheet total of £29M. NEW ELEMENT - Grant up to 40% (maximum grant £250,000) for companies with less than 50 employee's and a turnover of less than £7.5M or an annual balance sheet total of £7.5M. Exceptional project grants Couple of changes here: NEW ELEMENT - Exceptional Research Projects lasting between 6 and 36 months For the development of a new technology that is strategically important to an industrial or technology sector, between £100,000 and £250,000 Provide support at 60% of eligible costs for companies with less than 250 employees, a turnover of less than £34M or annual balance sheet total (total assets net of depreciation) of no more than £29M. Capital Investment and Staff Cost Support.

Remember that there are a number significant grant support programmes for SME companies that want or need support for capital investment (land, buildings, infrastructure and capital equipment) and also to increase and grow the number of staff employed.

For more details see our websites http://www.mgba.co.uk or http://www.straightfinance.co.uk


Originally posted by www.ukba.co.uk -- Posted By UK Business Advisors to Boost http://boost-your-buusiness.blogspot.com/2009/06/improvements-and-changes-to -major-grant.html Your Business on 6/09/2009 06:30:00 PM

Last Call For Innovation Grant

Any business considering applying for a grant under Nottingham University’s Business Innovation Voucher fund should do so immediately. The fund closes on 30th June 2009.

Through the scheme, companies can cash in to the tune of £5,000 and “purchase” academic expertise from the University to help them work on innovative business development projects. Vouchers can cover up to 75% of the total cost of projects that aim to develop new products, processes or services – for example academic consultancy, technical services and small-scale research projects. In exceptional cases, companies may also be eligible for an additional £2,000 worth of support from the University’s Ingenuity initiative.

The scheme is open to applications from all UK-based SMEs, although priority will be given to firms from the East Midlands.
Vouchers will be allocated to companies that:

Can demonstrate evidence of real need to work with the University.
Are interested in developing products, processes or services that are aligned with the University's particular research interests.

For further information about the Business Innovation Voucher Scheme, contact martin.parry@mgba.co.uk, or visit the University of Nottingham website
Sources http://www.j4b.co.uk http://www.mgba.co.uk http://straightfinance.co.uk

Monday, June 8, 2009

Can You Meet The Carbon Challenge?

The Carbon Challenge Fund can offer businesses, social enterprises, community groups, charities and a whole host of public sector bodies grants ranging between £100,000 and £500,000 to carry out projects that make the most of low carbon technologies.

A wide variety of green schemes can be supported, including the installation of energy efficient and small-scale renewable energy technologies, the use of low carbon design and construction techniques, and the development of low carbon transport technologies and processes.
The initiative is funded by the Northwest Regional Development Agency (NWDA) with cash from the European Regional Development Fund and is being managed by consultants Envirolink Northwest.

At present, only public sector organisations - such as schools, local authorities, hospitals and universities - are invited to submit an expression of interest outlining their potential projects.
Businesses, social enterprises and charities are currently asked to register an interest in submitting a project idea whilst the final application process is being confirmed by the European Commission.

Inviting applications to the new fund, Steven Broomhead, chief executive of NWDA, said:
“The Carbon Challenge Fund represents a key part of our commitment to creating a low carbon economy".

“As a powerhouse of innovation, the region has a sound knowledge base that will ensure businesses and the public sector are able to demonstrate leadership in dealing with climate change whilst improving efficiency, therefore reducing costs and increasing green credentials.”
Ross Dixon, of Envirolink Northwest, added: “We’re asking applicants to submit projects that demonstrate innovation either through the technologies themselves or their overall approach.
“We’re looking for projects which will bring profile and recognition to the region with ideas and approaches that can be replicated here in the North West, across the UK, and internationally.”

If you think you can take this challenge and want to know more drop me an email at mparry@straightfinance.co.uk

Posted by Martin Parry http://www.straightfinance.co.uk and http://www.mgba.co.uk