Evalu8 Transport Innovations Ltd – Background Innovation Vouchers are designed to enable small and medium sized enterprises (SMEs) to access knowledge and expertise to develop innovative solutions to key business issues (KBIs).
With the backing of the European Union’s European Regional Development Fund, EValu8 operate an Innovation Voucher scheme that supports SMEs in the East of England wishing to innovate in the field of low carbon transport, including areas related to electric vehicles (EVs) and alternative fuels. Further guidance on this is given in “What types of project are eligible for voucher funding?” below.
The programme provides a voucher of £1,000 to enable SMEs to engage with experts including from Universities, other publicly funded research organisations, and the private sector to progress innovation within their business. The voucher scheme is based on the previous Innovation Voucher rounds which have been run by EEDA and the Low Carbon Vouchers run by i10. The EValu8 voucher scheme will be open to applications until 30th September 2014 or until all 100 vouchers have been issued.
Evalu8 has a limited number of Innovation Vouchers. Apply now to avoid disappointment.
Why do I need to innovate? It is vital for all businesses to innovate and develop new ideas to stay ahead in a competitive market. With greater emphasis increasingly placed on reducing carbon in transport related areas, there are significant opportunities for new products and services in this field.
Innovation Voucher grant support Evalu8’s innovation voucher scheme in the East of England is to encourage the region’s companies to develop new products, services and ideas across the broad area of low carbon transport. The vouchers provide easy-to-access funding, supported by the European Union, to encourage innovation and business growth. The vouchers allow businesses to access specialist consultancy up to the value of £1,000; this consultancy can be provided by universities, research institutes, consultancies, or one of your own suppliers, to support innovation by your business. To apply, complete the application form.
How do I apply?
Step 1 – Complete application form below and send this to [email protected] Step 2 – EValu8 will determine which applications are eligible; successful companies will be informed. If support to find a delivery partner is required, EValu8 will suggest companies to consider. Step 3 – Once a delivery partner has been identified, terms have been agreed and before any work starts the company and delivery partner must complete the Work Agreement Form and return this to EValu8. EValu8 will send the delivery partner a purchase order thereby establishing a contract for the work. Any work undertaken before the purchase order is received will be at the delivery partner’s own risk.
Innovation Voucher Application Form
What happens after the work is completed? When the agreed work has been completed, the delivery partner must send a completed Project Completion Form to EValu8, signed by both themselves and the voucher winner. The delivery partner can then invoice EValu8.
For more information on the scheme or to have an informal conversation to see whether you idea is eligible, please contact Evalu8.
