Aston University Innovation Voucher Scheme available for SMEs in The Marches area


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In Summary

General | 10th May 2017
Receive the funding you need to drive innovation and business growth for your company with an Innovation Voucher.

In Detail

Receive the funding you need to drive innovation and business growth for your company with an Innovation Voucher.

Innovation Vouchers are distributed through an Innovation Voucher scheme managed by a consortium comprising Aston University, Birmingham City University and the University of Wolverhampton.

The £2,500 offered to eligible companies by the European Regional Development Fund (ERDF) needs to be matched by a company's own funds to spend on business innovation and business growth activities.

The Innovation Voucher Scheme targets small to medium-sized enterprises (SMEs) in Greater Birmingham and Solihull, Black Country and The Marches, and aims to develop new processes and systems to improve efficiency of SMEs and to bring new products and services to market.   

Free support can be accessed in the form of workshops so that participating companies become more competitive and manage growth effectively.

The value of the Voucher will need to matched with a £1 contribution to every £1 received. The typical value of an Innovation Voucher is £2,500 meaning you would also contribute £2,500 to create a total business innovation fund of £5,000.

If you require further details please email: innovation-vouchers@aston.ac.uk or visit http://www.aston.ac.uk/aston-business-school/business/innovation-vouchers/ to download the application form.