Product and process innovation
PAPI helps small businesses by providing grants for equipment to develop products that are new to the business or the market. They also support process equipment as long as this leads to the development of a new product.
They can provide a 40% grant for equipment that enables innovation and which generates new jobs and growth. There is a maximum grant value of up to £20,000. PAPI also provide expert business development support to help develop funding proposals, with guidance and advice available at every step of the application process.
For further information on the PAPI grant scheme visit PAPI's website.