Like some funding towards the development of a new product or service?

  • Published on 18th July 2019

There's still time to access our SING project to get part funding towards the costs of your project.

ERDF Logo

SMEs based in Leicester and Leicestershire are eligible to access our Smart Innovation and Networking for Growth project and get part funding towards the external costs of innovation projects.

We are looking to support projects that are aiming to develop new or improved products, processes or services.

Eligible forms of Capital Expenditure (items over £5,000) include:

  • New production and prototyping equipment
  • Laboratory and production/product testing and measurement equipment.
  • Large component parts of prototype
Successful projects can receive 38% for eligible external capital costs, up to a spend of £35,000.

Eligible forms of Revenue activities include:

  • Research, design and specialist test services
  • IPR (Intellectual Property Rights) advice and support
  • IT hardware and software for product development, design and testing and to support systems integration and process improvement (but not routine items such as accounting or sales systems)
  • Small items of equipment (under £5,000)
Successful projects can receive 40% for eligible external revenue costs, up to a spend of £12,000.

If you are interested in finding out more then please call 01509 635270 or email inet@lboro.ac.uk to speak to an advisor. Alternatively please click on our Contact page or the Twitter icon below