How can I benefit from Keep+?

Knowledge exchange

The KEEP+ Programme can offer your company funding in order to access expertise you do not already possess. In the case of KEEPs (see below) that expertise will be embedded into your organisation for future use and benefit.

  • Artboard 1 Knowledge Exchange and Embed Partnerships (KEEPs)

    A three way collaboration between a business, a University and a graduate employee who will work with the business to achieve agreed goals (Limited capital funding may also be available to support the approved collaborative activity).

  • Artboard 1 Research and Innovation Collaborations (RICs)

    A collaborative research and development activity for projects requiring more feasibility work and greater levels of research support than a KEEP (Limited capital funding may also be available to support the approved collaborative activity).

  • Artboard 1 Innovation Internships

    A 12 week placement within a company enabling graduates to work in a role aligned with their qualification, and giving businesses access to the expertise needed to bring their products or services to market.

Grants

We also offer stand-alone grants to contribute to the purchase of vital equipment and third party business support services, to help your business on its innovation journey.

  • Artboard 1 Stand Alone Capital Grant

    50% funding towards the cost of equipment purchases vital to the development of your new product or service. This grant is capped at £12,499 and excludes VAT.

  • Artboard 1 Grants for Consultancy Support

    50% funding towards the cost of fast track assistance to contribute to the development of your project. This grant is capped at £12,499 and excludes VAT.

How does it work?

1. Get in touch with us.

If you business is eligible for KEEP+ support, the KEEP+ team will be happy to discuss which of the programme offers is most suitable for your project.

2. Procurement and Application Phase

For larger projects requiring KEEP/RIC funding you will produce a project tender advert (advertised for at least 20 days), which you'll use to procure your knowledge base. You will then work with the procured knowledge base to draw up a project application for consideration by the KEEP+ grants panel. For capital, consultancy or internship grants a simple application form and supporting information will be completed. The KEEP+ team will be on hand to assist.

3. Commencement of project

The project is approved by KEEP+ and a Grant Agreement is issued to the SME. Activity to develop your new product or service will now commence. You will pay the knowledge base/consultant/intern directly, and be remunerated with payments from ERDF grant. For capital grants you'll need to buy your equipment in full once your grant is agreed, and be remunerated 50% once proof of purchase is received by the KEEP+ team.

4. Project completion

Activity finishes, a final report is completed and a Case Study is produced.

Am I Eligible?

For your business to qualify for ERDF funding through the KEEP+ programme, you will need to answer yes to the following questions:

If your business is not eligible for ERDF funding through the KEEP+ programme, we can still direct you to alternative sources of support where possible.

 

Depending on which part of the KEEP+ Programme is best suited to your needs, by accessing the programme your business will benefit from:

  • The ability to access academic experts and gain the services of an enthusiastic graduate to spearhead your project and grow your business
  • Obtaining access to and greater awareness of potential markets for development of your business
  • Receiving assistance for the development and design of new products/services
  • Increasing your competitive advantage
  • Potential to increase your profitability
  • Accessing support for innovation and business improvement
  • Exploring new ideas
  • Bringing new knowledge into your business