Innovation Programme
Subsidised by the European Regional Development Fund, the Innovation Programme is specifically designed to help North East businesses prosper by investing in innovative developments.
What's the Innovation Programme about?
The Programme seeks to support SME’s in the North East region to achieve significant step changes in their performance through the introduction of innovative strategies in any of the core business areas:
• processes
• products
• people
• finance
• markets
Sounds good so far. Tell me more
The concept is to use an individual project as the vehicle to assist companies through the innovation process. This could include...
• broaden their product base
• introduce a new service
• introduce them to new markets
• change their operating methods
• develop new financial tools
• make better use of new technology
• ultimately reduce long term risk and increase their sustainability
Great. What's the eligibility criteria?
• organisations must be a SME
• organisations must be North East based
• impact of changes (i.e. job creation) must impact in the North East area
• the ‘de-minimis’ block exemption applies to this programme
So how do I apply?
For more information or just a quick chat to see if your company could benefit from the fund, please contact the Innovation team on T: 0191 516 6021. Alternatively please download and complete the below eligibility form and email back to innovation@ne-bic.co.uk.
1. Initial Eligibility Form >>