These are early-stage or growth-phase businesses developing new AM materials, software, or services. They’re typically innovation-driven and need funding for R&D, proof of concept, and market entry.
Initial Thoughts to Funding Routes
– Tap into early-stage grants, accelerator programs, and VC funding.
– Apply for government R&D grants to develop next gen AM systems.
– Consider strategic investment from major industrial firms.
– Use equipment leasing models to make machines more accessible and boost adoption.
Recommended Funding Routes
Description: Funding for game-changing and commercially viable R&D innovations.
Eligibility: UK-based businesses of any size.
Application Process: Applications are submitted through the Innovation Funding Service.
Link: Smart Grants Guidance
Description: Tax relief schemes to encourage investment in early-stage companies.
Eligibility: UK companies meeting specific criteria.
Application Process: Apply through HMRC with the necessary compliance statements.
Description: Tax relief for companies investing in research and development activities.
Eligibility: UK companies undertaking qualifying R&D projects.
Application Process: Claimed through the company’s Corporation Tax return.
Link: R&D Tax Relief Guidance
Description: Programs offering mentorship, funding, and resources to startups.
Eligibility: Varies by program.
Application Process: Apply directly to the specific incubator or accelerator.
Link: Digital Catapult
Description: Local funding initiatives to support business growth and innovation.
Eligibility: Businesses operating within specific regions.
Application Process: Contact your Local Enterprise Partnership (LEP) for details.
Link: LEP Network
Description: Collaborations between businesses and academic institutions to drive innovation.
Eligibility: UK businesses seeking to innovate.
Application Process: Work with a Knowledge Transfer Adviser to develop your application.
Link: KTP Guidance
Description: University departments that help commercialize research and innovations.
Eligibility: Varies by institution.
Application Process: Contact the tech transfer office of the relevant university.
Link: Search for specific university tech transfer offices online