SME businesses encouraged to take advantage of final stages of grant scheme

Businesses in South East Midlands can apply for a grant of up to £8,750

Businesses across the South East Midlands Local Enterprise Partnership (SEMLEP) region are being encouraged to take advantage of the final stages of a grant programme run by Cranfield University, in partnership with the University of Bedfordshire and part-funded by the European Regional Development Fund.

Under the IMAGE (Innovation in Manufacturing, Aerospace and Green Economy) programme, businesses in the region can apply for a grant of up to £8,750 to receive part-funding for a research and development project to be carried out with universities.

Over the last two years IMAGE has supported many businesses in the region including:

  • Keep it Sold Ltd with developing a working prototype to collect data about the health of consumer products
  • Crowood Industries with developing a diversification plan which may increase the amount of plastic ink cartridges that are saved from landfill
  • A food waste audit with The Good Loaf café, identifying potential financial and food waste savings

Sandra Turner, programme manager for IMAGE, said:

“Over the last two years, IMAGE has helped small and medium businesses across the SEMLEP region by providing grants enabling them to access some of the finest academic minds and research facilities in the country.”

Daniel Taylor, managing director at Crowood Industries, said:

“The IMAGE programme gave me a strategic perspective, allowing me to put steps in place for accelerated future growth over the next 12 months. By connecting the theory to what was actually happening now in my business, I am better prepared to plan for the future.”

Businesses have until the end of June to submit an application for consideration for grant-funding. Further details can be found on the IMAGE website.