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Rhadyr
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Digital Monmouthshire

Funding sources for growth and innovation

Rural Innovation Funding

The EU funded Vale of Usk Rural Development programme is seeking “Innovation in the Rural Economy” feasibility project proposals from businesses located in the rural areas of Monmouthshire and Newport.

Monmouthshire Business and Enterprise can support companies in developing proposals for this funding stream which seeks to further increase the competitiveness of the rural economy with innovative applications and exploitation of digital and green technologies.

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Accelerated Growth Programme

The Accelerated Growth Programme (AGP) is a new, six year, Welsh Government and European Regional Development Fund package delivered by Impact Innovation and Winning Pitch.

It offers high growth, export orientated businesses, from all sectors across Wales, access to high quality, bespoke support for up to three years.

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Horizon 2020

Horizon 2020 is the EU’s largest Research and Innovation programme with nearly £65 billion of funding available until 2020 to help organisations develop and maximise new technologies for commercial success.

The Wales European Funding Office has a dedicated Horizon 2020 team to support businesses progress successful applications. They offer the SCoRE Cymru programme which provides businesses with the opportunity to obtain funding for travel (up to £1000) and proposal development (up to £10,000) to participate in European research and innovation.

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Innovate UK Funding Competitions

Innovate UK is the nation’s innovation agency who work with people, companies and partner organisations to find and drive the science and technology innovations that will grow the UK economy.

The UK Government Innovate UK fund supports and connects innovative businesses to accelerate sustainable economic growth. A programme of Funding Competitions for feasibility studies, demonstrators for the Tech Industry seeks to support the UK continue its strong position in the Global Digital Economy.

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Nominet Trust Social Tech Seed Fund

Social Tech Seed is an open grant-funding programme that offers entrepreneurial organisations, early-stage investment to develop innovative projects, using digital technology to create significant social change, from environment and sustainability, to education and employment.

The programme provides funding and support to help organisations demonstrate the social, user and financial value of an existing digital prototype.

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