Fund title: Business Basics 3: SME technology use
Focus of fund/fund aims:
Grants for businesses and other organisations to test the most effective ways of encouraging SMEs to adopt existing technologies that are proven to boost productivity
Expressions of Interest by 4 December 2019
The Department for Business, Energy and Industrial Strategy (BEIS) has launched two competitions to fund trials which test different approaches to encouraging micro, small and medium-sized enterprises (SMEs) to adopt existing technologies.
Trials must support business and administrative functions, such as payment practices, accountancy and human resources. A range of technologies are eligible including specialist software and cloud computing and there are also some specific themes which the fund is keen to address such as tackling late payments, digital skills or using trusted advisors and other networks to encourage take-up of technologies. Projects must demonstrate how their approach will encourage more SMEs to use the technologies.
There are two parallel competitions for SME technology use:
- for business-led trials: businesses can work alone on their project or in partnership with other organisations including academic institutions, charities, not-for-profit companies and public-sector organisations.
- for non-business-led trials: the project can be developed alone or in partnership; businesses can be members of the partnership.
Note that there are separate competition details on the Innovate UK website: refer to the links above.
Total eligible project costs are £400,000: there are different maximum grant rates depending on organisation type, business size and project type.