Grants for Research and Development (GRAND)
Grant for Research and Development (Grant for R&D) is a DTI business support solution run in the North West by the North West Regional Development Agency.
There are 5 types of grant under the Grants for Research and Development scheme aimed at supporting different types of R&D projects:
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Proof of Market - for small scale projects lasting between 3 and 9 months. The project will be to carry out desk based research into the commercial potential of an idea that will need to overcome technical or scientific barriers. A grant of up to £20,000 is available to businesses with fewer than 250 employees.
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Micro Projects are simple, low cost development projects lasting no longer than 12 months. The output should be a simple prototype of a novel or innovative product or process. A grant of up to £20,000 is available to businesses with fewer than 10 employees.
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Research Projects typically involve planned research or critical investigation lasting between 6 and 18 months. The result of the project could be new scientific or technical knowledge that may be useful in developing a new product or process. A grant of up to £75,000 is available to businesses with fewer than 50 employees.
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Development Projects involve the shaping of industrial research into a pre-production prototype of a technologically innovative product or industrial process. Up to £200,000 is available for businesses with fewer than 50 employees.
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Exceptional Projects involve technology developments which have higher costs. These projects are likely to generate much wider economic benefits and must have strategic importance for a technology or industrial sector. Grants of up to £500,000 are available to businesses with fewer than 250 employees.
For general enquiries about Grants for Research and Development, vist www.nwda.co.uk/finance or contact Gordon Thumwood on 01925 400 100 or gordon.thumwood@nwda.co.uk
Grant for Research & Development (Grant for R & D) is a DTI business support solution run in the North West by the North West Regional Development Agency.