To help bring your new technology, products and services to market we acknowledge you will need a the right mix of external and funded support.
We have worked with thousands of businesses and supported entrepreneurs with coaching and mentoring services to ensure their growth plans are based on robust assumptions and they understand the most direct route to market.
Where possible we will use funding streams to support your investment in innovation, whether spending on design, materials, specific external expertise needed to take your ideas to market or support to grow your internal capacity.
RTC project teams are engaged directly in a number of programmes listed below, but can also help with signposting you to other funding streams where appropriate.
H2020: Horizon 202 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over seven years (2014 to 2020) to support ‘collaborative’ research and development projects.
H2020 SME Instrument: More than €2.8 billion will be allocated for single applicants to the SME instrument from 2014 to 2020. This is designed to fill the gaps in funding for the early stages of development.
Designing Better Business (Northumberland, Tyne and Wear, County Durham): Through the Designing Better Business programme, RTC can provide grants of up to 40% towards the cost of design, product or service innovation projects and work with external experts.
NHS Innovations North (Northumberland, Tyne and Wear, County Durham): Through this programme, RTC can provide up to 40% funding for projects that will support the introduction of innovative healthcare products, processes and services into the healthcare sector.
Most of our team are fully or part funded to provide a level of assistance when working with SMEs. If you are looking to work with external experts and would like some financial support, we may be able to help too. Some of the projects through which we can help your business are:
Innovate2Succeed (I2S) (Leeds, North East England, Liverpool): RTC staff can provide tailored support to help enhance your innovation management capability and ability to generate and commercially exploit new ideas.
Designing Better Business (Northumberland, Tyne and Wear, County Durham): Clients looking to work with external consultants on projects worth up to £5,000, can apply for a grant of up to 40% of the project cost.
Healthcare Innovation Pathway (Northumberland, Tyne and Wear, County Durham)): SMEs in the healthcare sector that are need of external specialist support can apply for a consultancy grant of up to 40% towards their costs.
The Big Potential: The Big Potential is a BIG Lottery Fund grant managed by the Social Investment Business. The fund will deliver approximately £20m of grant funding over 3 years to eligible VCSE organisations with the aim of improving the sustainability, capacity and scale of VCSE organisations in order that they may deliver greater social impact. The programme aims to raise awareness of the social investment market and support VCSEs who want to prepare themselves for social investment or winning contracts.