Am I eligible to apply?
If your business has a presence in the West of England - defined as Bristol, Bath and North East Somerset, North Somerset and South Gloucestershire - and you intend to undertake research and development (R&D) activity that will create jobs through the development of innovative products, technologies, processes or services, you are likely to be eligible.
The DIF programme will contribute up to a maximum of 35% of total project costs, so you will need to be in a position to cover the remaining 65%. Your project contribution can be made up of a variety of eligible costs, including consultancy, materials, equipment and testing fees.
Capital purchases (excluding buildings/land) and training fees are also likely to be eligible, as long as they directly relate to R&D being carried out. PAYE costs are not eligible.
DIF is available for small or medium sized enterprises (SMEs) and uses the European Commission's SME definition which takes into account staff numbers, turnover and relationships with other enterprises.
Projects will be assessed for eligibility and sent to at least two independent appraisers for comments. Final funding decisions will be made by a panel who will take these comments into account.
Please note that your project, if supported, must be completed by December 2022.
Further details can be found in the Guidance for Applicants document (PDF).