Smart Feasibility Studies Grant Up to £45,000 is available to individuals or businesses with fewer than 50 employees. The grant is aimed at those who need funding to bring up a product/process up to prototype stage.
Smart Micro Project Award offers grants of up to £10,000 to help individuals and micro-firms (under 10 employees) fund the development of low-cost prototypes of products or processes that are technologically innovative. Contact Smart in England through Business Links on 08456-009006 or www.businesslink.org/smart.
Enterprise Grant offers a maximum of £75,000 – either 7.5% or 15% of the capital costs for projects that are typically too small to qualify for Regional Selective Assistance. Contact 08456-009006 or www.dti.gov.uk/enterprisegrant/index.htm.
Regional Selective Assistance A discretionary scheme aimed at attracting investment and creating / safeguarding jobs in low-income areas of the UK. www.dti.gov.uk/support/rsa.htm