Funding of up to £5,000 is available to help Stoke-on-Trent businesses develop innovative products, processes or services.
The Promoting Innovation Pathways programme, run by Staffordshire Chambers of Commerce, offers fully-funded grants ranging from £1,000 – £5,000 to SMEs under the UK Shared Prosperity Fund.
12 businesses have received a combined total of £50,000 during the first three months of the programme alone.
Sam Thorne, Innovation Project Manager at Staffordshire Chambers of Commerce, said: “We have had a fantastic reaction to the programme since it launched earlier in the year.
“So far we have worked with SMEs of all sizes, from businesses with a couple of staff members, up to firms with hundreds of employees.
“Primarily focusing on digital and manufacturing innovation, the grants disbursed thus far have underwritten an array of groundbreaking projects. These initiatives range from the development of cutting-edge software, including AI-centric applications, to pioneering advancements in manufacturing techniques, such as enhancements to 3D printing methodologies.
“With grants ranging from £1,000 to £5,000, PIPP is helping to ensure that financial constraints do not hinder the pursuit of innovation.”
Tom Nadin, Head of Projects and Business Services, has urged businesses with an interest in innovation to get in touch.
He said: “Grant funding is still available for businesses looking to drive new innovative processes.
“The application process is fast and free, and could help your business drive forward with a new project of service.”
If your business is interested in innovation funding through PIPP, please email [email protected]