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Business Innovation Fund

SME funding and support to bring new products and services to market

Our first application window is now closed. We'll announce our second application window very soon.

 

About the Business Innovation Fund

The Business Innovation Fund supports businesses from a wide range of sectors to help develop innovative projects and products that not only fulfill market demand, but also deliver industrial growth.

Eligibility criteria

Research, development and innovation can help your business adapt for the future and get ahead of the competition, create new products, processes and services to reach new customers, and improve sustainability. The West of England Combined Authority’s Business Innovation Fund provides SMEs with funding and tailored support to bring new products, services and processes to market.

 

Image outlining the benefits of the Business Innovation Fund

 

The Business Innovation Fund is supported with £1,451,825 of funding from the European Regional Development Fund (ERDF), which is part of the European Structural and Investment Funds 2014-2020. The Ministry of Housing, Communities and Local Government is the Managing Authority for ERDF. Established by the European Union, the ERDF helps local areas stimulate economic development by investing in project which will support innovation, business, create jobs and delivery local community regeneration. For more information visit: https://www.gov.uk/guidance/england-2014-to-2020-european-structural-and-investment-funds.

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