Funding for exploring new opportunities

Investigating new ideas and markets is an essential aspect of business development – but one that can often be expensive and time consuming. We may be able to provide funding to help you explore new ideas/new markets.

We can provide financial assistance towards:

What support can I apply for?

  • There is a cumulative grant limit within a rolling two-year period for all proposals approved under this category of funding.  For further information, please discuss with your Development Adviser.
  • The grant maximum is based on a percentage level of your expenditure and may be reduced if you have raised funds under the BES (Business Expansion Scheme) or SCS (Seed Capital Scheme)

Do I qualify?

You are eligible to apply for this funding if you are:

  • A manufacturing or internationally traded services company, either a small or medium sized (SME) company employing 10-249 people or a high potential start up company.  In addition, feasibility study funding may be available for individuals, groups or large companies with a business idea they wish to develop.
  • Large companies (e.g. companies employing more than 249 employees) are not eligible to apply for market research, consultancy or trade fair support

Last updated 9/2/2010