Research & Development Support
The importance of R&D to regional economies has resulted in a huge range of funding schemes being created to stimulate R&D undertaken by companies. In some regions this support is available to all companies, whilst in others it is restricted to SMEs.
The key to a successful grant project is to identify a delineated pre-market R&D activity. Research activity can gain upto 60% of total eligible project cost in grant funding although in reality the funding relies on the maturity of the research scheme, the quality of the project and the strength of the application.
More complex R&D projects may be eligible for national or European programmes. These programmes typically make 'calls' for applications at different times according to the technology being sought. Mickledore can review deadlines for these research calls for interested companies.
The level of interest in attracting R&D investment means that grant funding should always be considered before commencing a project.It is also important to assess how R&D grant funding will interface with R&D tax credits for which the company may be eligible.
Mickledore is expert in government funding opportunities for companies and would be delighted to talk to you about the opportunities for your business.