Financial support

Research and Development

The Grant for Research and Development is to encourage research and development projects that will lead to technologically innovative products or processes. There are four parts to the scheme; Micro, Research, Development and Exceptional. The most appropriate to your business depends upon the project; Barnsley Development Agency's team can work with you to help determine your project's eligibility for these.

• Micro projects are simple low-cost development projects lasting no longer than 12 months. A grant of up to £20,000 is available to businesses with fewer than ten employees.
• Research projects aim to investigate the technical and commercial feasibility of innovative technology and last 6-18 months. A grant of up to £75,000 is available to businesses with fewer than 50 employees.
• Development projects aim to develop a pre-production prototype of a new product or process that involves a significant technological advance. Projects take 6-36 months. A grant of up to £200,000 is available to businesses with fewer than 250 employees.
• Exceptional development projects involve a significant technological advance and are strategically important for a particular technology or industrial sector. Projects take 6-36 months. A negotiable grant of up to £500,000 is available to businesses with a qualifying project.

For more information about this financial package please contact us.