Finance & Services: Technology

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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.

Pendle Tourism Development Grants

Finance Type: Business Expansion, Capital Investment, New Business Start Up, Plant and Equipment, Property Improvement, Rural Development, Technology,

Coverage: Pendle,

Amount: Pendle Tourism Development grants are available up to a maximum of £4,000

Expiry date: n/a

About this Finance item:

The Tourism Unit of Pendle Council offers business advice and Pendle Tourism Development grants to existing tourism businesses or those propsoing to establish for the first time.

Feed in Tariffs

Finance Type: Energy Efficiency, Environmental, Renewable Technologies, Technology,

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

Amount: Up to 41.3p/kWh in income can be obtained, depending on the type and size of the system used to generate renewable energy. Plus a minimum of an additional 3p/kWh when you export any surplus back to the grid. Larger systems (over 30kWp) may be of interest to energy companies wishing to 'buy' surplus electricity through a Power Purchase Agreement (PPA). Through PPAs, prices nearer to market values are paid for exported electricity.

Expiry date: n/a

About this Finance item:

The tariffs are payments to anyone who owns a renewable electricity system, for every kilowatt hour they generate. They are applicable to households, businesses and, indeed, virtually any property owner.

Knowledge Transfer Partnerships (KTPs) with Lancaster University

Finance Type: Business Expansion, Technology, Training 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: The cost model below shows an example budget and annual costs for a KTP for both a Large Company and an SME, using a Senior Academic as the Academic Supervisor.

Expiry date: n/a

About this Finance item:

KTPs are a UK-wide programme to encourage business / knowledge base (University) collaborations, helping businesses and organisations to improve their competitiveness and / or productivity through the use of the knowledge, technology and skills that

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.

Prototype Fund

Finance Type: 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: Grants of upto £25,000

Expiry date: Friday 13th April 2012

About this Finance item:

Abertay University in Scotland has announced that is providing grants of up to £25,000 for small companies (based anywhere in the UK) that are developing their own games or other forms of interactive digital content.

Knowledge Transfer at Higher Education Institutions

Finance Type: Business Expansion, Technology, Training 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: 150 Hours @ £6,00 Per Hour

Expiry date: Monday 31st December 2012

About this Finance item:

The Unite with Business programme provides eligible North West Small to Medium Enterprises (SME’s) with a free 20 day graduate internship.

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.

The North West Fund

About this Finance item:

Summary The North West Fund is a £185,000,000 evergreen investment fund established to provide debt and equity funding from £50,000 to £2,000,000 to new or growing small and medium sized enterprises. The business must be based in, or relocating t

Pendle Start-up Grant Support

Finance Type: Capital Investment, New Business Start Up, Plant and Equipment, Technology,

Coverage: Pendle,

Amount: Grant assistance of up to 50% of the eligible costs, subject to a minimum award of £500 and a maximum of £2,000. Projects likely to qualify for assistance, will typically involve investment in a product or service that helps the business with start-up costs. Examples include (not inclusive): Purchase of equipment essential in operating the business activity - e.g. technical machinery, catering and construction equipment or ladders, etc.Purchase of computer hardware and specialised software applications but there must be a clear requirement and case for purchasing a laptop. Development of websites with full electronic trading capability - i.e. payment and billing online. Marketing and promotional materials; Training directly linked to the business activity. Ineligible projects could include any items required through Hire Purchase or Lease arrangements, premises improvement or purchase of premises, staff salary costs, business rates bills, rent to landlord and vehicles.

Expiry date: Sunday 31st March 2013

About this Finance item:

Business start-up grants are available within the district of Pendle