Micro Development Grants
Micro Development grants help you develop a simple, low-cost working prototype that is ready for commercial exploitation (by which we mean ready for manufacturing, licensing or sale), or a pre-production technology that can be used in technologically innovative products or processes.
Micro Development grants are available to SMEs with less than 10 group employees and a turnover or balance sheet total of not more than €2m.
Key aspects are:
- Minimum Grant £5,000
- Maximum Grant £20,000
- Maximum % of costs covered 45%
- Project duration 3-12 months
