Digital business briefing August 2014

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Digital Business Briefing August 2014

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A summary of funding, events and support for UK digital businesses - August 2014

Transcript of Digital business briefing August 2014

Page 1: Digital business briefing   August 2014

Digital Business Briefing

August 2014

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What is this briefing?• A digest of useful information for digital

businesses seeking funding and support, updated every month

• Brought to you by the following organisations:

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Contents

• Open funding calls• Forthcoming funding calls• Support for launching a new digital business• Existing digital businesses• Events• Training

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Open funding calls1. "Smart" grants for start-ups and small businessesKey feature: A grant scheme which offers funding to small and medium-sized enterprises (SMEs) to engage in R&D projects in the strategically important areas of science, engineering and technology.Scale:• Proof of market - up to £25k - 60% of project cost• Proof of concept - up to £100k - 60% of project cost• Prototype development - up to £250k - up to 45% of

project costCloses: 25th September 2014

More info on innovateuk.org

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Open funding calls2. Tech City Launchpad 2 - Internet of Things

Key features:• Grants to support micro, small and medium sized

businesses in and around London and Cambridge to work on industrial Internet of Things projects.

• Additional support to raise investment finance.• Delivered in partnership with large-scale industry partnersScale:• Up to £150k grants funding up to 60% project costs• Projects must be between £50-£250k

Closes: 3rd September 2014

More info on innovateuk.org

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Open funding calls3. An integrated future for citiesKey feature: large-scale SBRI contracts to encourage new ways of achieving better integration of infrastructure and services across a city. Contracts will be to develop prototypes, must link up cities and will enable users to interact with multiple models to tackle different city problems.

Scale:• Contracts of between £1.5 - 2m – 100% funded• Single contract, but able to sub-contract out work

Closes: registration closes on 7 January 2015

More info on innovateuk.org

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Open funding calls4. Innovation VouchersKey feature: Innovation voucher scheme funding for start-up, micro, small and medium-sized enterprises to work with an external expert to gain the knowledge to innovate and grow.

Scale:• Up to £5k funding for SMEs

Closes: on 22 October 2014

More info on innovateuk.org

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Open funding calls5. Impact investment - NestaKey feature: An equity investment fund investing in social ventures with innovative products or services that are addressing some of the UK’s most pressing challenges. Investments are made in areas that tackle:

• the health and wellbeing of an ageing population• the educational attainment and employability of children

and young people• the social and environmental sustainability of communities.Scale: between £150k - £1m

Closes: ongoing

More info on Nesta Investments

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Forthcoming funding callsIC tomorrow Connected Cities

Key feature: Grant funding to work with industrial partners to develop new solutions for connected cities

Scale:• Up to £25k grants, 100% funded• Specifically for micro, small or medium sized businesses

Opens: 1st September 2014

More info on innovateuk.org

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Launching a new digital business?

• The Open Data Institute runs a start-up programme that helps start-ups build business models around open data

• Tech City UK offers advice and support to start-ups looking for guidance in and around London. It also endorses visa applications to help recruit talent to the UK.

• IC tomorrow connects start-ups and SMEs with leading commercial partners and investors, through funded contests, events, and strategic matchmaking opportunities.

• Transmit Start Ups provide financial support and mentoring to creative and digital entrepreneurs that would not normally be available via traditional banking relationships.

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Are you an existing digital business seeking non-financial advice or support?• Nesta runs a creative business mentor network for

digital businesses looking to grow

• The UKTI offers advice to help with exporting

• Tech City UK can help advise on inward investment

• The British Business Angels Association can help put you in touch with relevant business angel investors

• The Digital Catapult can help you showcase your business

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Are you an existing digital business seeking advice or support?• Subsidised costs to work with a specialist to build

and deliver business growth – GrowthAccelerator

• Email IP Audit to apply for up to £3k of free advice from an IP professional

• Finance finder from GOV.UK

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Something else we've missed?

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