News: Launch of the AEM Innovation Fund

The AEM Innovation Network has announced a new fund that will provide a new source of financial support to regional companies to undertake R&D.

Delivered by NAMTEC (the National Metals Technology Centre) in Rotherham, the Innovation Network is aimed at advanced engineering and materials companies and agencies involved in research and development and provides access to well researched information and insights into emerging technologies and markets.

Recent austerity measures have significantly curtailed support for R&D activities which has constrained many organisations especially within the SME community.

The AEM Innovation Fund will provide companies with up to 75% funding for suitable short term, high impact projects which lead to benefits in jobs and profits.

The fund will be formally launched at NAMTEC, Swinden House, Rotherham on Thursday November 25 with a detailed presentation of the funding process and of the support available from the network and the partner organisations.

Companies are encouraged to bring along their project ideas and make use of the opportunity to progress their funding applications with support from the Network team on the day.

The AEM Innovation Network is one of Yorkshire Forward's Innovation Networks which are part funded by the European Regional Development Fund.

NAMTEC website
AEM Yorkshire website

Images: aemyorkshire.com