The Kirklees Innovation Voucher scheme could provide up to £5,000 of funding to help you develop an innovative idea.
Kirklees Council has launched a grant scheme to support innovation in small businesses – helping to turn great ideas into action. This could be by developing a brand-new product or by enhancing business processes, and these grants – called Innovation Vouchers – will help businesses access the support and expert knowledge they need to take their ideas forward.
Over the last few years, local industries have been challenged like never before – but from this has come the most incredible resilience and innovation. Many businesses have flourished because of their commitment to new ideas, ability to see gaps in the market and willingness to do things differently.
The Kirklees Innovation Voucher scheme aims to empower more small businesses to start their innovation journey and develop big ideas for the future.
Who can apply?
The Vouchers are for Kirklees businesses who want to embark on their first collaborative innovation project and accesses specialist knowledge, technology or facilities to develop a new product or process.
The application process is now open to eligible businesses:
- Start-ups which are at least a year old
- Micro and small businesses with up to 50 employees
To use a Voucher, companies must apply to and be approved by Kirklees Council and must pay for the project up front.
What does an Innovation Voucher cover?
Recipients of a Kirklees Innovation Voucher will receive between £1,500 and £5,000 of funding for their project. This should cover half the project’s total cost – which means that for every £1 invested by the business, the Voucher scheme also contributes £1, up to a maximum of £5,000.
The grant supports:
- Scoping the project, including market research and competitor analysis to test and identify gaps in the market
- New product conceptualisation and development, including prototyping and testing
- Process improvements, including exploring, adapting or adopting new (specialist) technology
Head to kirklees.gov.uk/business-innovation to find out more about the scheme, eligibility criteria and application process.
Register your interest or make an enquiry at email@example.com
The Kirklees Innovation Voucher scheme is funded by the West Yorkshire Combined Authority (WYCA) working in partnership with the Leeds City Region Enterprise Partnership (LEP), and the Government’s Additional Restrictions Grant.