Do you have a great idea for a new product, process or service?
Innovation Networks is a grant scheme offering grants of up £10,000 to SMEs who are working with at least 2 other businesses to develop innovative new products, processes or services.
What’s on offer?
Revenue grants are available to cover product development costs such as parts and materials, prototype development, testing and I.P protection.
Capital grants are available to cover costs of tooling and machinery needed to develop your new product.
Applying for funding
The grants are quick and easy to apply for. We recommend you contact us first to discuss whether your project fits the criteria and then we can provide support with putting an application together.
Applicants need to be SMEs located in one of the following LEP areas: Coventry & Warwickshire, Black Country and Greater Birmingham and Solihull.
Innovation Networks programme is part financed by the European Regional Development Fund, and is delivered by Coventry University Enterprises Ltd.
To access advice and support please contact CUE Business Solutions: