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Specific Funding Criteria for Enterprise and Innovation

Our focus has been on new or expanded project ideas which:

  1. Provide co-ordinated business support services including 'brokerage' schemes for new businesses and people thinking of setting up in business; which may link with the provision of incubator and other managed workspace.
  2. Promote an enterprise culture and stimulate amongst all groups within the working population a desire to set up in business.
  3. Stimulate the formation of clusters in key sectors. Indicative actions have included:

    • Providing infrastructure support aimed at raising productivity, standards and profile of key clusters such as creative industries, space industries, food and drink, sports development, construction and tourism;
    • Developing supply chains.

  4. Develop stronger links between the universities and business. Ideas have included:

    • Facilitating knowledge transfer and fostering innovative ideas;
    • Supporting 'spin-offs' from universities and large companies;
    • Reducing barriers to access universities' knowledge base;
    • Developing one point of contact for companies.

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