Decision details

Intellectual Property for Growth grants (round one - stage two)

Decision Maker: Chief Executive, West of England Combined Authority

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

Delegated authority has been granted to the West of England Combined Authority (Combined Authority) Chief Executive Officer to take decisions on the award of Intellectual Property for Growth grants in consultation with the Chief Executive Officers of the West of England councils.

 

£480,000 of the Combined Authority’s West of England Investment Fund has been allocated to progress the programme.

 

Intellectual Property for Growth supports Small and Medium sized Enterprises (SMEs) based in Bath and North East Somerset, Bristol and South Gloucestershire (the West of England Combined Authority geography) seeking to conduct an Intellectual Property (IP) audit (stage 1) and implement recommended actions contained therein (stage 2).

 

For stage 2 of the programme companies can claim up to £5,600 in grant funding to support them in making progress on their recommended actions.

 

The Chief Executive Officer (CEO) of the West of England Combined Authority, in consultation with the CEOs of the West of England councils, are required to approve stage 2 awards of funding.

 

Decision:

Decision:

 

Approval given for the following grant allocations:

 

Project ID

Company Name

Grant amount (£s)

IP001

Somnus Scientific Limited

5,600

IP003

Data Cubed Ltd

5,600

IP006

YellowDog Limited

5,600

IP007

Rising Arts Agency CIC

5,600

IP012

T Good Fight Ltd (t/a Views for Change)

5,600

IP013

Upstarter Ventures

5,600

IP014

Bristol Community Energy Ltd

5,600

IP016

WECIL Ltd

5,600

IP022

Epowar Limited

5,600

IP027

aBotics Ltd.

5,600

IP028

Rubbish Ideas LTD

5,600

IP029

Navigate Agency

5,600

IP030

IRIS Intelligence

5,600

IP031

Open 24 Seven Limited

5,600

IP032

Tethir Ltd

5,600

IP036

National Centre for Integrative Medicine

5,600

IP037

BPM Contracting Services Ltd

5,600

IP038

Future Piano Ltd

5,600

IP043

Web App Services Limited

5,600

IP046

Hydrolize Ltd

5,600

IP048

Esoterix Systems

5,600

IP052

Calyo

5,600

Total

123,200

 

Reasons for the decision:

Delegated authority has been granted to the West of England Combined Authority (Combined Authority) Chief Executive Officer to take decisions on the award of Intellectual Property for Growth grants in consultation with the Chief Executive Officers of the West of England councils.

 

£480,000 of the Combined Authority’s West of England Investment Fund has been allocated to progress the programme.

 

Intellectual Property for Growth supports Small and Medium sized Enterprises (SMEs) based in Bath and North East Somerset, Bristol and South Gloucestershire (the West of England Combined Authority geography) seeking to conduct an Intellectual Property (IP) audit (stage 1) and implement recommended actions contained therein (stage 2).

 

For stage 2 of the programme companies can claim up to £5,600 in grant funding to support them in making progress on their recommended actions.

 

The Chief Executive Officer (CEO) of the West of England Combined Authority, in consultation with the CEOs of the West of England councils, are required to approve stage 2 awards of funding.

 

Alternative options considered:

Not applicable in relation to this specific decision, i.e. this was the option considered.

 

Publication date: 06/10/2022

Date of decision: 03/10/2022

Accompanying Documents: