SMEs to get £5000 for innovative ideas

Start-up firms and Small and Medium Sized Enterprises (SMEs) are set to get a £1.1 million innovation boost to help them develop new ideas, improve processes and target new markets via the Technology Strategy Board.

A second wave of Innovation Vouchers are being made available through the Technology Strategy Board. The extra funding is for Innovation Vouchers for businesses who want to use public Open Data to commercialise their ideas and develop products and prototypes.

The Innovation Vouchers scheme was launched in September providing £5,000 to businesses who wanted to develop ideas applicable to Agri-food, Built Environment and Space. As well as the additional funding for Open Data use, they are also being extended for businesses with innovation ideas in the areas of energy, water and waste.

For more information see: http://www.waterbriefing.org/index.php/home/technology-focus/item/6730-technology-strategy-board-%C2%A311-million-innovation-boost-extends-to-water