Support for SMEs from Lancaster University

Some new support programmes have become available for small and medium-sized businesses based in Eden and the North West to take advantage of and contribute to the drive for a low carbon economy.

 

CAPITAL GRANTS FOR BUSINESSES

Any small and medium-sized business looking to drive forward with new products, processes or service innovations, which aid the transition to a low carbon economy, can get support from the Capital Grants.

Supported by the European Development Fund, this grant can help you buy equipment, technology or even its installation, alongside supporting the creation of components as part of complex systems among other options. Projects must have a value between £5,000 and £24,999 and the grants are awarded on a 50/60% match basis depending on location, which means the business contributes 40/50% of the cost.

Find out more about this here.

140 STUDENT INTERNSHIPS

This is aimed at small and medium-sized businesses who want to aid the transition to a low carbon economy by driving forward some new processes, service innovations or products.

They are short-term internship projects to give you a hands-on resource to deliver a project defined by you. All the start times and timescales are flexible with 140 hours available to you. Your project could include things like a technology feasibility study, disruptive marketing and commercialisation planning, carbon footprint calculations and net zero road-mapping. Projects shouldn’t be time-critical but should be something you’d like to do but can’t find the time to do yourself or you’ll need to bring in expertise to help.

You can find out more about this here.