What is R&D?
Businesses invest in R&D (research and development) because they want to grow by developing new products or services or by improving existing ones.
R&D leads to new ideas, new information and new understanding that can be used to solve a problem – driving innovation and helping you to remain competitive.
Discover the power of R&D funding
Whether your idea is about undertaking technical proof of concept or research into your next product breakthrough, you’re in the right place.
The benefits of SparkFund go beyond its financial contribution. You could achieve real impact through connecting with our Innovation Managers – they can work with you to shape your R&D ideas, complete successful funding applications and access experts and specialist knowledge to deliver your ambition.
What’s more when you invest we could match it with up to £50k of support.
If you’re a small or medium sized enterprise you could be closer than you think to getting the funding and expertise to turn your discoveries into industry shaping innovations.
Exciting research idea?
Am I eligible?
Is your business ready to undertake a research project that will make a difference?
SparkFund can help small or medium size enterprises (SME) that are based, or planning to locate, in the Humber or York and North Yorkshire Local Enterprise Partnership (LEP) Areas.
The best way to find out if your research and development project could be eligible is to contact us.