Funding and support for small to medium sized enterprises to accelerate innovation.
We want to help businesses, either individually or in collaboration with research institutes, find new ways to create an even more efficient, creative and sustainable future. The Business Innovation Fund helps businesses bring new products, processes and/or services to market.
The Business Innovation Fund supports businesses from a wide range of sectors to help develop their innovative ideas. Our support includes:
Businesses are eligible if they are:
Applications for the Business Innovation Fund are currently closed.
We can help fund research and development proposals that will lead to the creation of new products, processes and/or services. To find out more please contact the West of England Growth Hub, our dedicated business support service.
The Business Innovation Fund is supported with £1,451,825 of funding from the European Regional Development Fund (ERDF), which is part of the European Structural and Investment Funds 2014-2020. The Ministry of Housing, Communities and Local Government is the Managing Authority for ERDF. Established by the European Union, the ERDF helps local areas stimulate economic development by investing in project which will support innovation, business, create jobs and delivery local community regeneration.