For businesses operating in Wales, support is available for all phases of a research and development project, from initial feasibility to market exploitation. It is aimed at small and medium-sized enterprises (SMEs), as well as start-up businesses.

1. Technical and Commercial Feasibility phase – helping you to investigate and assess the technological and commercial viability of transforming innovative ideas into new products or processes.
2. Industrial Research phase – enabling you to undertake practical research to acquire new knowledge and develop a basic working model of a new product or process.
3. Experimental Development phase – supporting you to implement the results of industrial research and develop a pre-production prototype.
4. Exploitation phase – to assist you with the costs of launching a new product or process on the market.

Funding available:
R&D phase Small enterprise* Medium enterprise** Large enterprise*** Limits
Technical & commercial feasibility Up to 75% Up to 75% Up to 65% £15,000
Industrial research Up to 70% Up to 60% Up to 50% £100,000
Experimental development Up to 45% Up to 35% Up to 25% £200,000
Exploitation Up to 50% Up to 50% Up to 50% £20,000

For further information, please contact a member of our team.