New round of funding opens for innovative firms aiming to meet challenges of Covid-19

September 25, 2020
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Bath businesses looking to innovate and address new challenges that have arisen from Covid-19 can apply for funding from a £1m recovery fund set up by UWE Bristol.

Following on from a successful first round, the university has launched the second round of funding for its Digital Innovation Fund, which is open to small and medium-sized businesses undertaking research and development projects in a range of industries.  

The scheme, funded by the European Regional Development Fund (ERDF), offers eligible businesses from start-ups and micro-enterprises to more established organisations innovation grants from £10,000 to £40,000 to fund 35% of project costs.

Hands-on support from UWE Bristol staff is available for eligible businesses in Bristol and across the West of England through a series of confidential 1:1 drop-in sessions.

The university’s director of research, business and innovation, Tracey John, said many strong applications had been received in round one.

“It was great to see how businesses are continuing to innovate during such challenging times.

“We are excited to go live with a second round, supporting the research and development ambitions of even more businesses across the West of England.

“In a time of unprecedented change, UWE Bristol is proud of the role it can play to help transform businesses in the region during the pandemic and beyond,” she said.

UWE Bristol has already given more than £2.5m of grants to thriving businesses in the West of England, creating more than 150 jobs and 100-plus new products and services.

Applicants must be based in Bath & North East Somerset, Bristol, South Gloucestershire or North Somerset.

The deadline for applications is November 10. To apply, visit  www.digitalinnovationfund.co.uk

 

 

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