Funding for innovation and R&D

We’ve a range of financial support to help you create new products, processes and services.

Innovation Vouchers
An Innovation Voucher offers you £5000 to ‘purchase’ specialist knowledge from one of 39 respected universities, colleges and research organisations throughout Northern Ireland and the Republic of Ireland. This knowledge can help you to expand, improve or create new products, services and processes.

New to R&D
If you have not previously carried out any R&D, have an idea for a new product or process that could help grow your business, and meet certain eligibility criteria, we can give you up to £50,000 to:

  • Investigate or plan your idea.
  • Make and test a prototype.
  • Experiment and refine your design.
  • Handle intellectual property costs.

Follow-on R&D
For businesses that have some experience of R&D we can provide funding to help with:

  • Scoping, defining and planning an R&D project.
  • Research or critical investigation aimed at producing new scientific or technical knowledge.
  • Product or process development or improvements.
  • Development of leading edge technology.
  • Linking to a college or university to collaborate on strategically important projects.

R&D Clinics
R&D Clinics provide one-hour appointments with an Innovation advisor to discuss your product or service development.:

  • Potential funding streams.
  • Grant/loan/equity options.
  • Technical development incentive.
  • Proof of concept.
  • Project definition.
  • Grant for R&D.

Not sure that this support is right for you?
Contact Us and we can explore options for your business together.


Our support may be subject to some eligibility criteria.


Contact our business support team

 0800 181 4422


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