BIC Innovation
40% grant for SMEs in Sunderland
What do light bulbs, railways and hydraulics all have in common? They were all invented here in the North East!
The region has long held a reputation for being home to some of the brightest minds in industry, and we’re helping support the next generation of businesses to innovate.
The BIC now offers grants of 40% contribution towards projects valued between £5k and £40k which can be classed as:
- New to the business (processes, tech or automation)
- New to the marketplace (or integration into new markets)
- To create jobs (1+)
The grant is available to eligible companies based in Sunderland and is funded by UKSPF (UK Shared Prosperity Fund) and delivered via City of Sunderland Council.
Innovation Grant application deadline
Submit an Expression of Interest before closing date on 14th December 2024.
What is innovation?
What's on offer?
- 40% grant contribution.
- Signposting to industry experts for specialist advice and other sources of funding.
How do I find out more?
Our expert advisers are always happy to talk through your innovative ideas. Contact us today to start your innovation journey.
Meet the team
Debbie Simpson
Innovation Adviser
Combining her vast experience of the business world with a love of working with people.
John Forth
Innovation Adviser
30 years of running his own businesses with a passion for helping businesses maximise their potential.
Customer Stories
Nursem
Skincare manufacturer Nursem was able to take its business global after rubbing shoulders with Debbie and Gillian.
Kinewell Energy
With support from our team, energy specialists Kinewell accessed a grant towards the cost of product development.
Cake Stories
The programme helped bakery and coffee shop Cake Stories to expand it’s manufacturing facilities.
How do I find out more?
Our expert advisers are always happy to talk through your innovative ideas. Contact us today to start your innovation journey.
