Growing Innovation Fund

The Growing Innovation Fund is designed to fuel business innovation by providing financial support to ambitious companies in the SEMLEP region. Whether you’re a start-up with a groundbreaking idea or an established business looking to take your innovation to the next level, the fund offers grants and support to help you bring your vision to fruition. By accessing this funding, businesses can invest in research and development, prototype creation, technology adoption, and other innovation-focused initiatives that drive competitiveness and propel growth.

Accelerating Growth through Collaboration: Collaboration is a key driver of innovation and success. The Growing Innovation Fund encourages collaboration among businesses, research institutions, and other stakeholders in the SEMLEP region. By fostering partnerships and knowledge exchange, the fund creates an ecosystem where businesses can leverage collective expertise, share resources, and collaborate on innovation projects. Through collaborative efforts, businesses can accelerate their growth, tackle industry challenges, and unlock new market opportunities.

Expert Guidance and Support: The SEMLEP Growth Hub provides more than just funding; it offers expert guidance and support to businesses accessing the Growing Innovation Fund. Experienced advisors and mentors are available to provide strategic advice, help navigate the funding application process, and connect businesses with relevant networks and resources. This tailored support ensures that businesses maximise the impact of their innovation projects, overcome barriers, and achieve sustainable growth.

Building Resilience and Competitive Advantage: Innovation is not only about creating new products or services but also about building resilience and gaining a competitive edge. The Growing Innovation Fund enables businesses to invest in innovative solutions that enhance their operational efficiency, improve customer experiences, and adapt to changing market demands. By embracing innovation, businesses can future-proof themselves, increase their market share, and establish themselves as industry leaders within the SEMLEP region and beyond.

The Growing Innovation Fund offered by the SEMLEP Growth Hub is a game-changer for businesses in the South East Midlands region. By providing financial support, fostering collaboration, and offering expert guidance, the fund accelerates business innovation and drives economic growth. Whether you’re a start-up with a groundbreaking idea or an established company seeking to take your innovation to new heights, the Growing Innovation Fund can provide the resources and support you need to thrive. Embrace the opportunity, unlock your business’s innovation potential, and position yourself at the forefront of the dynamic and competitive business landscape in the SEMLEP region.

Find out more by contacting an advisor today!