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Enterprise Advisors (UK) Ltd
Watnall, Notts. NG16 1HQ
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)
Costs covered within project costs include:
- Direct labour costs
- Capital costs
- Materials consumed
- Hire purchase / leasing
- Intellectual property
- Market assessment
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.