Innovation Networks is part funded by ERDF
Innovation Networks provides support through grants to SMEs who are collaborating with at least 2 other SMEs on the development of an innovative product, process or service. The grants can cover external development costs including parts, materials, prototype development, testing, IPR, marketing, machinery tooling etc or skills that they are lacking.
The project will cover SMEs based in the Coventry & Warwickshire, Black Country and Greater Birmingham LEP areas.
The project will provide grants to 115 SMEs including 11 new enterprises, enabling them to further develop their innovative product, process or service resulting in at least 92 SMEs introducing products that are new to the firm and or market.