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Marine Systems Technology view
The Grants for Research and Development scheme aims to help entrepreneurs and business owners look at the market for and introduce innovative products and processes including research trials and product testing.
It isn't suitable for all businesses or projects. Grant for Research and Development is designed specifically to support technically innovative projects that have a solid commercial potential. Where the technology idea is at an early-stage a Proof of Market Grant is available to help investigate the commercial potential. For larger grants, projects must involve a significant technological advance. Grants are only available to small and medium sized businesses (those with less than 250 employees) and turnover of less than €40 million. Grants range from £5,000 to £500,000.
Additional support for Carbon Reduction Technology development and demonstration projects is available under the Development strand of this product for Northwest based companies. For further information on this area, please visit the environmental technologies page.