What could a £20,000 grant help your business to achieve?
The ACTIS project (part funded by ERDF) can provide support for innovative medical related activity for small and medium businesses with a base in the South East Midlands Region. Activity can include data processing, human and animal health, devices, prototype development, accreditation, patenting, etc. The brief is quite wide and is worth a discussion.
ACTIS offers two types of grant funding to help businesses to develop new products or processes. Both grants provide 30% intervention on the total cost of the project (not including VAT)
£1,000 – £20,000 (up to £66,000 total project cost) – support for innovation to develop a new product or process.
£500 – £3,000 (up to £10,000 total travel costs) – to attend workshops and conferences anywhere in the world to enhance understanding of the medical environment.