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Elizabeth Shaw

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BIC SME Innovation Programme

Delivered by North East BIC


Funded from the England European Regional Development Fund (ERDF) the SME Innovation Programme is designed to help North East SMEs realise their innovative possibilities, by offering:

  • A non-competitive application process and a straight forward response
  • Access to industry experts and suppliers which match your needs
  • Up to 40% Project Funding (project value between £5k-40k)
  • Links to other Support Agencies

To be eligible for funding, you need:

  • Have the need to progress an innovative idea that contributes to business growth
  • Must be an SME in the North East (Northumberland, Tyne & Wear and Durham based only)
  • Be B2B and investment ready
  • Able to create a new product, service or process, either to the business or to the market
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