ERDF Direct Company Support

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ERDF FlyerBackground

The National Metals Technology Centre has recently secured ERDF funding supporting regional companies. Part of this funding will provide a new source of financial support to companies to undertake Research and Development. The fund will provide companies with up to 50% funding for suitable short term, high impact projects which lead to benefits in jobs and profits. Projects will be considered up to the value of £15,000; however, we are mainly looking towards projects with a value of £5k to £10k.

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How does it work?

Project ideas from companies will be submitted for consideration either by a solution provider or directly from the company if a solution provider has not been identified. The application will be subjected to a technical, financial and value for money calculation.

The technical portion will be reviewed using the following criteria:-

  • Technical feasibility
  • Financial feasibility
  • Are the proposed development steps appropriate?
  • Is there a strong market potential seen for the development?

All approved projects will be advertised within a secure area of the NAMTEC website only accessible by the solution providers listed below. This site is secure and complies with Data Protection.

Should any other provider have the appropriate skill set and expertise, they may offer their services to deliver the programme, however, the company will have the final decision on who to work with.

Types of Project

  • New product / process development
  • Improvements in products or processes – better, smaller, faster, cheaper .......
  • Increase market share / penetration
  • Evaluation of new markets, new products, new services
  • Design of factory layout
  • Single company projects
  • Collaborative applications

Click here to view some recent case studies >>

Collab projectsEligibility

  • Open to all Yorkshire & Humber companies
  • Focussed towards 'advanced engineering'
  • Undertake 'development' in the broadest sense
  • Must provide measurable improvement to company (jobs created, jobs safeguarded, GVA)
  • Short, high impact projects
  • Undertaken by a solution provider

Exclusions

  • Electronics
  • Software
  • Food
  • Marketing

App formApplication Form

The application form is quick and simple to complete and is normally completed in conjunction with a solution provider. The application form records company details including their de-minimis statement, defines the project, the solution provider, the cost to complete and the forecasted benefits. If the company is unsure about who has the correct expertise, NAMTEC will assist by providing details of all appropriate providers to ensure that a informed decision can be made.

Download the application form >>

sectorsSolution Providers

The fund allows companies to access direct knowledge and support; it does not fund companies directly. There are seven solution providers forming a framework with a breath of expertise, if however, we are unable to provide help using this framework a number of other possibilities can be considered.

Please find attached a profile of each solution provider highlighting their specific strengths and capabilities.

Suppliers only area >>

Payment

  1. Company pay's NAMTEC their percentage of costs plus VAT on the full project amount – immediate payment
  2. NAMTEC contracts with the solution provider
  3. Solution provider completes work
  4. Company confirms project completed
  5. NAMTEC pay solution provider

For general information, enquiries or to submit an application please contact Helen Arthur at NAMTEC on 01709 722470 or helen.arthur@namtec.co.uk

For technical enquiries contact Graham Small at NAMTEC on graham.small@namtec.co.uk or 07545 429434