RTC North can accept separate applications from companies based in Northumberland, Tyne & Wear and County Durham (NE LEP area) for eligible projects on the two programmes below.
Designing Better Business: Through the Designing Better Business programme, RTC North Ltd can provide grants of up to 40% towards the cost of design, product or service innovation projects and work with external experts.
The Innovation Pathway: Through this programme, RTC North Ltd can provide up to 40% funding for projects that will support the introduction of new innovative healthcare products, processes and services into the healthcare sector.
*Please note: This is a competitive process and a limited amount of funding is available. As a result we have to prioritise companies and projects which can demonstrate significant potential for sales growth, new job creation or for new products and services which will be taken to market. If you are unsure if your application is suitable, please email firstname.lastname@example.org or call 0191 5164400 and speak to an RTC advisor.
Project value must be a minimum of £2,500 (£1,000 grant funding) and can only be used to support companies based in Northumberland, Tyne & Wear or County Durham.
Total project values over £5,000 will be assessed on the ability of the business to deliver significant product design or service innovation and to create jobs.
Projects over £10,000 will be approved by an external panel and first applications will be accepted from March 2016.
Successful projects will be subject to ERDF Procurement regulations.
Before you start your outline application, please check you have all the information required as this form cannot be 'saved'.
If you have any questions about the outline application please call RTC on +44 (0)191 516 4400.