Grants for Research & Development

Grant support is often available to encourage businesses to carry out research and development work especially where this will lead to technically innovative products, services or processes. The appetite of the grant awarding body will often be influenced by the nature of the innovation, the likelihood that IPR will result from the project, the risk involved in the project (as a general rule, the greater the technical risk/uncertainty then the better the chance of securing the grant), the commercial prospects for the innovation and the environmental/social benefits of the project.