Enterprise Advisors

(UK) Ltd

Achieve your vision.  Contact a member of our team on 07703 612328

Registered Office:

Enterprise Advisors (UK) Ltd

Trough Road

Watnall, Notts.  NG16 1HQ

Telephone:  

Email:

Company No:

VAT No:

07703 612328

normantaylor@advisorsuk.com

06476627

930023182

Grant for Research & Development (single company)

Aimed to promote & encourage innovation throughout the UK, the three grant schemes under this initiative can cover up to 60% of your R&D costs.

Qualifying SMEs / individuals need to demonstrate the following:

• Innovative technology - it's a step change to what is currently being done
• Technical risk - there are certain uncertainties associated with the development that need to be overcome
• Commercial potential in the resultant product or process - there must be a market demand
• Financial need - demonstrating the project can not take place or will be delayed without financial assistance (one of our core competence areas)

% funding

Max. funding

Max. project value

Project duration

Proof of Market

Proof of Concept

Prototype Development

60%

60%

35 to 45%

£25,000

£100,000

£250,000

£41,667

£166,667

£714,285

<9 months

<18 months

<24 months

Costs covered within project costs include:

Internal

• Direct labour costs
• Capital costs
• Materials consumed
• Hire purchase / leasing
• Intellectual property
• Market assessment
  
• Training

External

• Specialist consultancy
• Subcontract charges
• Associated facility costs
• Trials / testing fees
• Licensing
• Draft manuals

How we can help you

The application process takes upwards of 1-month.  Time consuming and content specific, we look to take the angst away from you, writing the application and building the case on your behalf.  With significant experience in this procedure, we are extremely successful in this area and charge the majority of our fees through success.

To find out more, please contact us.