JumpStart
Managed by: London Development Agency
What is it for? Support for innovative business projects‚
Who can apply? London based SMEs‚
What is available? Various – see below
Details
The aim of Jumpstart is to encourage organisations to improve the productivity and efficiency of their businesses through the introduction of an Innovative product and/or service. The projects are targeted at organisations that have a specific innovative project idea that addresses significant barriers to their business. The JumpStart Programme is designed to address three areas of activity where additional focus and attention is needed and will provide sufficient impact:
Connect: funding is provided for innovation partnerships between SMEs and knowledge centres. Connect aims to address the imbalance caused by the failure of London´s businesses to engage and exploit the knowledge and resources which is readily available in colleges, universities and centres of creativity and research.
Inspire: will break down barriers to innovation for London´s minority businesses by supporting the developments that will inspire, unlock opportunity and foster innovation, creativity and enterprise in London´s diverse minority business.
Engage: focuses on strengthening innovation and knowledge to improve networks across London and the promotion of the capital as an innovative centre.
The Programme offers:
- Up to 50% of project costs with a maximum of £10 000 for London-based Small Medium Enterprises (SMEs) to connect with Higher education Institutes (HEIs) or Research and Technology Organisations (RTOs);
- Up to £100 000 to inspire London´s minority business communities to improve access and uptake of innovation;
- Up to £1 million to strengthen and enhance new and existing networks to promote London as a centre for Innovation and strengthen engagement of businesses in innovation.
More info: London Development Agency
