At BU we are keen to find out how we can help your business. There are a myriad opportunities, including UK and international funding, available to stimulate growth and innovation.
We recognise the demands of the workplace, and industry can and does move quickly. This often puts businesses under pressure. By understanding more about your business, we can identify the best way to collaborate in order to support your vision and ambitions.
Funding for business
Innovate UK is the UK’s innovation agency. Responsible for supporting UK businesses and driving innovation, its Delivery Plan for 2016/2017 saw funding being split into four sectors, with the objective of making the purposes and timescales easier to understand within the business community. These four sectors will remain moving forward into 2018.
The four sectors are:
- Emerging and Enabling Technologies – technologies that will lead to new products
- Health and Life Sciences – agriculture, food and healthcare, bioscience and medical research, and engineering and physical sciences
- Infrastructure Systems – transport, energy, health and digital
- Manufacturing and Materials – advanced manufacturing, R&D, technology.
The delivery plan also included the introduction of a simpler process to apply for funding competitions. You can see all funding competitions currently open for applications on Innovate UK’s funding finder.
Knowledge transfer partnerships (KTPs)
KTPs are a government-funded scheme to share university knowledge and embed this knowledge into UK businesses. These partnerships allow you to recruit a graduate (known as an associate) and access specific skills to increase your business’ productivity and improve performance.
The aim is to develop ways to enhance growth and opportunities, both in the UK and overseas, and also to improve competitiveness abroad.