Pathway to Innovation: Through this programme, RTC North Ltd can provide up to 35% funding for projects that will support the introduction of new products, processes and services into healthcare and life sciences, advanced manufacturing, digital and creative and offshore and subsea sectors.
Project value must be a minimum of £3,000 (£1,000 grant funding) and can only be used to support companies based in Northumberland, Tyne & Wear or County Durham.
Total project values over £6,000 will be assessed on the ability of the business to deliver significant product design or service innovation and to create jobs.
Successful projects will be subject to ERDF Procurement regulations.
*Please note: This is a competitive process and a limited amount of funding is available. As a result we have to prioritise companies and projects which can demonstrate significant potential for sales growth, new job creation or for new products and services which will be taken to market. If you are unsure if your application is suitable, please email email@example.com or call 0191 5164400 and speak to an RTC advisor.