Research, Development & Innovation

£5 million of grant funding for research, development and innovation.

£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.