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Businesses can apply for a share of up to £2 million to test ideas for increasing the adoption of practices that improve productivity.
The Department for Business, Energy and Industrial Strategy (BEIS) has up to £2 million to invest in trials of innovative ways to improve productivity for micro, small and medium-sized businesses (SMEs).
The funding is part of the government’s Business Basics Programme, announced as part of the modern Industrial Strategy.
The aim of the programme is to identify and test ideas that encourage SMEs to adopt existing technology and management practices that would improve their productivity.
The competition will fund 2 types of project, proof of concept or feasibility studies and full-scale trials. If a proof of concept is successful, there is potential to access further funding to move the project into a full-scale trial in the future.
Projects should look at how to increase the adoption of technology and business practices to improve the productivity of SMEs. This could include:
To find out more about this competition, please follow the link provided on the right hand side.