Welsh Government

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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 Feasibilityhelp 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.

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.