A fund of £1m is being made available to support the digital and creative sector in Greater Manchester.
Part of a national £25m programme, it comes via the Government’s Technology Strategy Board, which is partnering with the Business Growth Hub. This region is one of only a handful to receive a dedicated local fund.
The cash will be awarded to companies working in the area as pre start-ups, start-ups, micro and small businesses, to carry out innovative research and development projects, which could lead to the development of existing or new knowledge and skills within the sector.
Up to 60% of the total eligible project costs will be funded.
“It is vital that we support and exploit the opportunities within the already vibrant Greater Manchester digital and creative community and this competition aims to take the companies working in it and help drive them forward by supporting innovation,” said Richard Jeffery, director of the Business Growth Hub.
“Companies in the Digital & Creative Media Development sector tend to be less capital-intensive, small or sized and often form tight geographical clusters. This competition is designed specifically to promote the community dynamic within these vibrant clusters, encourage cooperation and, ultimately, grow business in the area for the benefit of the Greater Manchester and surrounding economy.”
It will be launched on November 4th at The Landing, MediaCityUK and registration is now open.