Funding

Funding for your business to innovate and take it through all phases of R&D, from initial feasibility to market exploitation.

We can help you fund innovation and share the risk when it comes to research and development.

Funding is available for all phases of a research and development, from initial feasibility to market exploitation:

• Technical and Commercial Feasibility - help to assess whether your idea is technically and commercially viable.
• Industrial Research - help for practical research and to develop basic working models.
• Experimental Development - use the results of the industrial research to produce a pre-production prototype.
• Exploitation - help with the costs of launching your new product/process on the market.

Visit Expertise Wales to learn more about the funding available

Innovation Vouchers

Our Innovation Vouchers can:

• fund capital equipment that supports a technology step change
• bring in technical consultancy expertise from the private sector
• work with universities and colleges to help solve technical problems
• improve processes in design and manufacturing
• access expertise services for intellectual property (IP) registration

We can also help you apply for funding from other UK and European organisations – see Additional Support for more information.