Research, Development & Innovation
Grants for research, development and innovation for concept through to commercialisation.
We are not currently accepting new applications for Growth Hub Grants.
The pipeline of interest for the Growth Hub grant schemes exceeds the value of the available grant funding. We are now paused to undertake a review and are not accepting new applications at this time.
Businesses can still book a meeting with us to talk about their investment plans and strong grant propositions can be placed on a reserve list for consideration, should funding still be available after the review period.
£5 million of grant funding to encourage businesses that have the ambition and capacity to grow through research, development and innovation to improve their productivity whilst also delivering improvements in environmental sustainability and enhancing social responsibility.
Minimum grant value of £2,500 with an anticipated average grant value of £28,000.
We have specific funding for:
- innovative product and service development.
- the sharing of innovation knowledge and activities.
- commercialisation of ideas, encouraging collaboration and accelerating the path to market.
- development of innovation infrastructure at the local level.
The grants can fund activity that will help your business to grow through innovation but you must be able to show how it will create a positive economic impact for Cornwall and Isles of Scilly.
Your business must...
Provide at least 50% match funding.
Cashflow the total cost of your project as grants will be claimed retrospectively.
Contribute to the Good Growth Principles.
If you have any investment ideas for your business, then get in touch. We have a team of expert Business Connectors that can discuss your ideas in more detail in a free business review.
More support can be found here.