Productivity and Capability Enhancement (PACE)

ERDF funding to assist SMEs to increase their capabilities, productivity and competitiveness in implementing new products, processes & services

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Overview

Managed by The iNet and based at Loughborough University, PACE will make it easier for SMEs to accelerate their investment in activities which enable growth and enhance their competitiveness. The programme will operate from November 2016 through to October 2019.

Businesses must be based in Leicester & Leicestershire Local Enterprise Partnership area (LLEP) and engaged in the general area of one of LLEP’s priority sectors:

The support includes a mixture of:

  • An information, diagnostic and brokerage review
  • "market access" support
  • Part-funding (grant) towards external costs of investments in enhanced capabilities and new technologies including equipment required to take new products, processes and services from early development to production

SME support - Main Points to Note

Companies must undergo a comprehensive review with an iNet Advisor in order to establish eligibility and access support from this programme.  This review meeting will last typically 2 – 3 hours and will help you develop your growth and competitiveness plans.

Following this review, support may include one or more of the following:

  • Supply chain/market assessment supportto help you to identify, scope and access new markets and sector supply chains.

  • Part-funding towards external costs relating to company based productivity and capability enhancement projects – via simplified application process

Download details: PACE Information Sheet ,   Supply Chain Market Assessment Information Sheet

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