Would an injection of funding and expertise help your business or not for profit organisation grow and develop?
Access world-class expertise & facilities
Our Open Innovation Voucher Scheme is designed to help businesses access expertise, research, student talent and specialist facilities available at our six partner universities (Kingston University, London South Bank University, Roehampton University, University of the Arts, Spurgeon’s College or Sussex Innovation Centre, Croydon).
By teaming up with your local university, you could develop your innovation capabilities to create new products, services and business models to help your business flourish and grow.
Long term collaboration
The scheme is designed to facilitate long term collaboration with universities stimulating R&D investment, access to new networks and supply chains and creating new employment opportunities for the region.
You could apply for a voucher test new ideas, concepts, technologies and processes or you might also want to adapt or develop a new business model.
- developing a new/improved product, process or service
- tapping into research and scientific expertise
- exploring new technologies or business models
- complex market feasibility and research for a new idea
- industrial research and/or experimental development
The voucher is a non-monetary award of up to £5,000, with a match funding requirement. Click the button below for more details.
Who should apply?
The scheme is open to SMEs, start-ups, sole traders and third sector organisations. Your business or organisation must be based in the London Boroughs of Croydon, Kingston, Merton, Richmond and Sutton.
The project must lead to organisational growth such as a new product, service or business process. It must require university expertise and resources which are not easily available elsewhere.