Proof of Market Grant
Testing the commercial potential of a new idea
The proof of market grant is for projects testing the commercial potential of an innovative idea or new technology. Projects can last up to 9 months and these grants are available to any SME (having less than 250 employees and either less than €50m sales or less than €43m of asset value). The grants are up to 60% of actual project costs and the maximum grant is £25,000.
Potential types of project for Proof of Market Grant
- Market research
- Market testing and competitor analysis
- Intellectual property position
- Initial planning to take the project to commercialisation, including assessing costs, timescales and funding requirements
PNO and Proof of Market grant
As experts in helping business apply for the full range of available Research and Development Grants, our consultants can ensure that your business has a high chance of success in applying for a proof of market grant.
More info on Proof of Market grant?
Would you like some more info on this Research and Development grant? Then contact one of our
consultants (0161 488 3488).