Funding of up to £25,000

Funding of up to £25,000

Do you need funding of up to £25,000?

Get funding of up to £25,000 for your next Software Project

We want to help North East based businesses with software and systems development and we have found 4 potential funding programs which could help you fund your next software project with us with grants of up to £25,000 available.

We have found potential grants for organisations all around the North East, our handy table below shows all the information regarding eligibility, project size, amount of funding and what examples of projects that are supported.

Please look at the table below and decide which program you think best fits your business in terms of project size and eligibility. If you have a project in mind please contact us at info@redrobotsystems.co.uk to tell us about it and if you want to apply for funding we will get you the paperwork to begin the process.

Available programs and summary of criteria

 

Programs

Location:
Tees Valley, (Dalington, Hartlepool, Middlesbrough, Redcar & Cleveland, Stockton

Minimum size of project:
£5,000

Maximum amount of funding:
£25,000

Maximum project size:
Only 50% funded up to projects costing £50,000

% of project size that is funded:
Up to 50%

Business History:
Must have been in existence for minimum of 12 months

Examples of eligible projects or guidelines for what the project must do:
Business change management, development of efficiency programs, process & system improvement

What is not eligible:
Businesses in the agriculture, fisheries and road freight sectors. Routine, recurring or periodic business activities. Retail projects (including online retail)
Location:
North East Based

Minimum size of project:
£5,000

Maximum amount of funding:
£40,000

Maximum project size:
Only 40% funded up to projects costing £40,000

% of project size that is funded:
Up to 40%

Business History:
Must have been in existence for minimum of 12 months

Examples of eligible projects or guidelines for what the project must do:
Must create an innovative product, service or process.

What is not eligible:
The purchase of tangible assets. Non B2B organisations
Location:
Northumberland, Tyne & Wear or County Durham

Minimum size of project:
£3,000

Maximum amount of funding:
£2,800

Maximum project size:
£8,000

% of project size that is funded:
Up to 35%

Business History:
unknown

Examples of eligible projects or guidelines for what the project must do:
Businesses must be trading and looking to grow
· Change management
· Developing quality management systems
· Process improvement systems

What is not eligible:
Tees Valley based organisations. Capital purchases, printing & advertising cost
Location:
Northumberland, Tyne & Wear or County Durham

Minimum size of project:
£2,500

Maximum amount of funding:
£8,000

Maximum project size:
£20,000

% of project size that is funded:
Up to 40%

Business History:
unknown

Examples of eligible projects or guidelines for what the project must do:
· Improved design to create higher value products & services
· Commercialisation of new technologies
· Investment in New Product development

What is not eligible:
Businesses in the banking, insurance & retail sectors

Please note that the above is just a guide, as such there is other eligibility criteria which must be satisfied. There is no guarantee of funding and there is an application process for all the above schemes.