Finance & Services: New Product Development

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Collaborative Research and Development

Finance Type: New Product Development, Research and Development,

Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,

Amount: Projects range in value from £10,000 to over £100,000,000

Expiry date: n/a

About this Finance item:

Collaborative Research and Development (R&D) is designed to assist the industrial and research communities to work together on R&D projects from which successful new products, processes and services can emerge.

Networking for Innovation

About this Finance item:

Networks for Innovation bring together people from businesses, universities, and research, finance and technology organisations to stimulate innovation through knowledge transfer.

Enterprise Europe Network

Finance Type: Energy Efficiency, Exporting, New Product Development, Renewable Technologies, Research and Development, Rural Development, Technology,

Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Greater Manchester, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,

Amount: The majority of the service provided is free to North West businesses. Some services such as brokerage, may incur a nominal charge.

Expiry date: n/a

About this Finance item:

The Enterprise Europe Network (EEN) is the official European Union (EU) business support network for small and medium-sized enterprises, and is present in over 45 countries and 280 cities. The network is a collaboration between the UK Trade and Investment department and a number of North West public sector bodies.

Business Finance North West

About this Finance item:

Business Finance NorthWest is the finance arm of Bolton Business Ventures Ltd and specialises in providing finance for business start-ups and for growing businesses looking to develop to the next level, or simply looking to stabilise their situation.

New Enterprise Allowance (NEA)

Finance Type: Mentoring, New Business Start Up, New Product Development,

Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,

Amount: The total package of support could be worth up to £2,000 to each participant who starts their own business.

Expiry date: n/a

About this Finance item:

NEA will be available to Jobseekers Allowance (JSA) customers who have been claiming for 26-weeks or more. Participants will get access to a volunteer business mentor who will support them through the process of writing a business plan, starting a business and through to post start.

Research Funding for SMEs (UK)

About this Finance item:

Funding is available to Small and Medium Sized Enterprises (SMEs) to undertake research and development in any technological area.

Collaborative Research and Development

About this Finance item:

Designed to assist the industrial and research communities to work together on R&D projects from which successful new products, processes and services can emerge.

Designing Demand

Finance Type: Mentoring, New Product Development,

Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale,

Amount: Upto £250,000

Expiry date: Friday 29th March 2013

About this Finance item:

The service offers SME’s with the potential for high growth, up to 10 days of design and innovation focussed mentoring over a 6-18 month period.

Grant for Research and Development

About this Finance item:

The grant supports SME’s that want to carry out research and development to generate new and innovative products and services.

Targeting Research and Development for Export

About this Finance item:

Explore new markets for the business’ products and services based on existing and/or future R&D investments. Develop and implement a commercialisation and internationalisation strategy.

Business Growth Fund

About this Finance item:

The Business Growth fund plc (BGF) is a new equity investment company set up between the banks and the government. The purpose of the organisation is to make substantial equity investments into ambitious companies who are set to create the business success stories of the coming years.

UCLan’s Innovation Voucher Scheme

About this Finance item:

UCLan has introduced an Innovation Voucher Scheme following the closure of the successful NWDA programme to ensure businesses access the knowledge base of the university and to enable greater continued knowledge transfer engagement with the local SME business community.

Lancashire Innovation Network

About this Finance item:

The project aims to improve business competitiveness and growth through advice and funding in order to increase innovation and the effective exploitation of technology.