£1.2 million raised to assist innovative East Midlands Businesses

Since April TBAT Innovation has helped secure grants worth £230,000 for two companies in Leicestershire, £650,000 for three in Derbyshire, and £250,000 for one in Lincolnshire.

To qualify a company needed to have an innovative technology project relating to product or market development. TBAT Innovation has project-managed the applications, which are decided on a competitive basis. With over 10 years experience with grant funding applications this work was done on behalf of the client allowing the company to concentrate on their own business.

Matt Symonds, one of TBAT Innovation’s directors, said: “For some years the UK has lagged behind its European counterparts in technically pushing forward some industries, particularly in energy and advanced manufacturing.

“Now it’s looking to support those British companies that are at the cutting edge of their fields.

“For the companies that qualify there is significant Government funding to help support their research and development and drive business growth. We are pleased to have helped gain funding for clients."

“It’s expected that the money secured will not only increase companies’ turnover and profit but also create jobs.”

TBAT Innovation have assisted both large and small companies in aerospace, advanced manufacturing and the nuclear, transport and renewable energy sectors.

The deadline for applications for the November round of Technology Strategy Board funding is 3rd November. Please contact us if you have any projects you would like to discuss.