Run by Worcestershire County Council, the Proof of Concept Programme provides grants to allow SME’s to investigate, advance, commercialise and protect early stage innovative business ideas. The Proof of Concept Programme is part-funded by the European Regional Development Fund 2014-2020. It can support SME’s to investigate, advance, commercialise and protect early stage innovative business ideas, through a partnership with the Central Technology Belt . It will provide grants of up to 40% of the total cost of a project (to a maximum contribution of £30,000) for businesses to prove that their innovations have significant economic potential. The grant can fund:
- new machinery – hardware and equipment
- market research and assessment
- IPR protection
- accreditations
- prototyping
- marketing/events/demonstrations
- building works
More Information
Take a look at their blog and meet the team behind the programme!
