Issue details
Business Innovation Fund grants (round one)
Delegated authority has been granted to the
WECA Chief Executive to take decisions on the award of Business
Innovation Fund grants in consultation with the Chief Executives of
the West of England unitary authorities.
The Business Innovation Fund is a support programme open to West of
England based Small and Medium sized Enterprises (SMEs) seeking to
progress research and development (R&D) activity, at
experimental development stage, that will lead to the creation of
new products, process and/or services.
WECA secured £1.45m of European Regional Development Fund
(ERDF) support from the Ministry of Housing, Communities, and Local
Government (MHCLG) towards a £3.23m total project cost to
deliver this programme.
Round one grant applications were submitted and assessed against
eligibility / scoring criteria. The Business and Skills Directors
of the West of England unitary authorities were consulted on the
recommendations that emerged from this assessment process.
The Chief Executives of the West of England unitary authorities
were consulted on the proposals and were in agreement with the
decision.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 11/05/2021
Decision due: 15 Apr 2021 by Chief Executive, West of England Combined Authority
Contact: Patricia Greer, CEO Email: patricia.greer@westofengland-ca.gov.uk.
Consultation process
The Chief Executives of the West of England
unitary authorities were consulted on this proposal.
Decisions
- 11/05/2021 - Business Innovation Fund grants (round one)