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Richmondshire businesses are encouraged not to miss an online business event to help them explore funding opportunities.

The district council has teamed up with the PAPI (product and process innovation) project to give companies an overview of the subsidies and corporate subsidies currently available.

Hosted on July 15 from 8:00 am to 10:00 am on Zoom, the event features presentations from a range of funding programs, with case studies of local companies that have received funding, and the opportunity to network with other companies.

It will also provide companies with a single point of contact so that they can access tailored support.

The free event is open to all Richmondshire-based SMEs (small to medium-sized businesses) that employ fewer than 250 people and are mostly business-to-business.

To book a site visit: https://bit.ly/3ujD94C

The funding programs confirmed so far for this event include:

• PAPI (papi.org.uk) – Fully funded innovation workshops and 40% grants (up to £ 20,000) to purchase equipment that will help create a new product or service and at least one new job.
• The Department for International Trade (https://www.enterprisegrowthsolutions.co.uk/dit-internationalization-fund/) – Match-funded grants between £ 1,000 and £ 9,000 are available for future activities.
• Innovate UK EDGE (https://www.innovateukedge.ukri.org/) – enables ambitious, innovative SMEs to accelerate and scale their growth.
• KTN (https://ktn-uk.org/) – connects innovators with new partners and new possibilities beyond their previous thinking and accelerates ambitious ideas into real solutions.
• SparkFund (https://www.spark-fund.co.uk/) – a support and grant program that helps improve or develop exciting new products, services or processes.
• The Resource Efficient Business (REBiz) program (https://www.the-lep.com/business-support/growth-support/resource-efficiency/) – offers advice and financial support to become more resource efficient and introduce circular economy models and Practices.
• The Digital Advantage Project (https://www.cuebusinesssolutions.com/portfolio-item/digital-advantage-2/) – grants of up to £ 5,000 are available for SMBs to provide advisory support to address digital issues specifically for the Tackle business.
• Connect. Develop. Achieve (https://nybep.org.uk/connect-develop-achieve) – helps women in the workplace develop skills and progress in STEM companies (SMEs) to meet future demand in the industry.