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North East SME Innovation Programme

The North East Business and Innovation Centre (BIC) has launched the SME Innovation Programme to support SMEs in developing new products, services or processes and exploring a new business model or adopting new technologies.

The SME Innovation Programme is designed to help SME’s realise their innovation potential. It offers project funding and advice for eligible SMEs with an innovative project that will help their business to adapt and/or grow. Today, we need innovation more than ever. Every business is feeling the pressures of globalisation, technological changes and of course the impact of Covid19.

The SME Innovation Programme offers:

  • 40% grant funding for projects from £5,000 to £50,000
  • Signposting to industry experts for independent confidential advice