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jumpstart
50% of eligible expenditure, up to a maximum of £5,000 for small businesses for innovative business projects. The aim of Jumpstart is to encourage organisations to improve the productivity and efficiency of their businesses through the introduction of an Innovative product and/or service. The projects are targeted at organisations that have a specific innovative project idea that addresses significant barriers to their business. The JumpStart Programme is designed to address three areas of activity where additional focus and attention is needed and will provide sufficient impact:
connect
Funding is provided for innovation partnerships between SMEs and knowledge centres. Connect aims to address the imbalance caused by the failure of London’s businesses to engage and exploit the knowledge and resources which is readily available in colleges, universities and centres of creativity and research.
inspire
Will break down barriers to innovation for London’s minority businesses by supporting the developments that will inspire, unlock opportunity and foster innovation, creativity and enterprise in London’s diverse minority business.
engage
Focuses on strengthening innovation and knowledge to improve networks across London and the promotion of the capital as an innovative centre.
inner city entrepreneurs fund support for training
Up to 70% of costs to a maximum of £10,000.
The Inner City Entrepreneurs' Fund aims to assist business productivity and enterprise-led regeneration in London’s inner city areas. It finances investment in senior management training, staff training and mentoring by offering grants of between £1,000 and £10,000.
Awards are made to the organisation (NOT the training provider) that receives the training. The recipient organisation is free to choose their own course or service provider, although there are service providers and courses available in the information pack.
More Info: London Development Agency
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