Business Innovation Fund

• The Business Innovation Fund aims to achieve greater progress, and at a faster rate, in delivering economic opportunity across York and North Yorkshire by providing the right conditions to attract new investment and support our businesses to be more innovative, productive and resilient.

Latest Updates

The Business Innovation Fund prospectus is now live, explaining the opportunities available in more detail and how to get involved.

The prospectus includes information for

• lead providers seeking to deliver programmes
• clusters of businesses seeking to access targeted funding and support

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Prospectus

• Please view the Prospectus for information on the opportunities available within the Business Innovation Fund and how to get involved.

• An indicative £5 million has been made available from September 24 to March 27 to deliver the Business Innovation Fund

• The Fund has been divided into five programmes of activity:

  1) Sector Activity programme

  2) Spin-Out & Start-Up programme

  3) ‘Get Exporting’ programme

  4) ‘Great Ideas’ programme

  5) ‘Get Funded’ programme

• The different programmes have been designed to target different types of business innovation and to achieve different objectives.

• The prospectus provides further detail on opportunities for: experienced business support and grant providers; existing and new clusters of businesses based in York and North Yorkshire; and individual businesses based in York and North Yorkshire with demonstrable interest in exporting.

How to apply

Information on how to apply can be found in the Prospectus. Please note, the application process differs between programmes. This is outlined in the Prospectus.

Key Outcomes

• Increase Business Innovation – achieve greater progress at a faster rate.

• Support our businesses to be more innovative, productive & resilient.

• Create the right conditions to attract new investment.

• Map the business base of York & North Yorkshire and benchmark/quantify the best ways to target business innovation programmes.

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