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Details on the major EU and UK Grant Funds

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The amount of grant depends upon the purpose for which it is given. The main purposes and potential amounts of grant are as follows: -

Capital Grants for Investment

In reality these grants are more concerned with the protection or creation of employment. Grant levels range between 10% and 20% of overall project costs (up to 40% for SMEs), alternatively, between £2,500 and £7,000 per job created.

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The key eligibility tests and criteria that must be met are given below.

1) The purpose(s) for which the grant is being offered must be met by your project. The purpose may be very tightly defined e.g. ‘basic research into imaging technology for medical devices for blood screening’; or broad as in ‘increase productivity and/or employment’.

2) The size of your business. Some grants are only available to businesses of a certain size e.g. small or medium size businesses (SMEs). Often, even when open to businesses of any size, SMEs may receive favourable terms or special treatment.

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(this list is indicative not exhaustive)

Grants for Capital investment, job creation and productivity

Grants for capital investment either from the United Kingdom or the European Union are almost invariably connected to the creation or sustaining of employment. It is therefore essential that you specify how many new jobs are to be created or, as a minimum, how many old jobs will be protected. Capital grants are usually only available where there will be regional or national benefit as a result of the project.

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No. In the majority of cases a consultant is not necessary. Thus grants for export, training, consultancy and most other services may be applied for quickly and easily without assistance. However, in the case of grants for capital investment and research & development the application procedures are complex, and, more importantly, the rules applied by the issuing bodies are not transparent.

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For the United Kingdom we have some 1,850 different grants on the databases provided by UK national organizations or European Union sources.

In addition, there are some 3,000 "grants" provided by local councils, economic development units, LEPs and other specific local bodies.

Nobody, to our knowledge, has ever calculated the total value of grants available . However   the following schemes running from 2014-2020 have budgets as follows: the European Union Research & Development Programme ‘Horizon 2020’ - 82 billion euros; the Connecting Europe Facility-19 billion euros ; Erasmus+ - 13 billion euros; LIFE 3 billion euros plus many more. 

 

News Flash: Latest

First of a kind deployment of innovation

Introduction

Innovate UK are using a novel scheme to assist businesses, particularly SMES to break into markets with novel disruptive technologies in specific sectors.

Contracts covering up to 100% of the cost of demonstrating new technology are available to SMEs operating in the fields of

  • solutions for affordable, sustainable and secure energy delivery
  • solutions for connected transport through the integration of multimodal transportation systems
  • integrated solutions to systemic challenges in urban areas
  • resilience of infrastructure and cities to environmental and societal pressure.

Contracts in value between £250 K and £5 million are available.

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Energy Catalyst, (Round 4) Early Stage Technical Feasibility Grants

The ENERGY CATALYST, an ‘Innovate UK’ grant, supports both businesses and research organisations, including academia, that are UK based or are moving there to respond to challenges across the energy sector. It will fund projects delivering innovative solutions that address ALL the elements of the energy trilemma namely:

  • Reducing Emissions
  • Improving Security of supply
  • Affordability

Key Objective:
It will help stimulate and support innovation at all stages through to commercial readiness. Thus The Energy Catalyst can fund projects from early concept stage through to pre-commercial technology validation, based upon innovation that incorporates, for example:

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