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Finance for Innovation - turning innovative ideas into business growth

Did you know that EEDA has over £12 million of targeted financial support annually to help entrepreneurs to translate innovative ideas into business growth?

EEDA's Finance for Innovation portfolio is designed to help you:

  • take risks that could translate into business growth
  • prove your innovative idea can deliver business growth
  • harness your ideas to stay or get ahead of the competition.

So what are the options available to you?

If you are looking to develop an innovative technology and need financial support to help you overcome technical challenges, then the Grant for Research and Development may be the right choice.

If you are looking to assess the potential market for a concept you have developed, then the Proof of Concept fund could be what you need.

If you are looking to increase the productivity of your business or safeguard jobs by making a capital investment, then you should consider Selective Finance for Investment in England.

You may even be looking for the opportunity to develop new products and relationships with business partners across mainland Europe. If so, EEDA's support package for businesses wanting to access Framework Programme 7 (FP7) could offer you a vital helping hand.

And if once you have looked through the various options available, you are not sure whether they meet your needs, then be sure to call Business Link on 08457 17 16 15 or click here to visit the Business Link website for a free and impartial assessment of your specific funding needs.

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