Business Basics 2 - SME productivity (business led trials)
The Business Basics Fund aims to test innovative ways of encouraging SMEs to adopt existing technologies and business practices that boost productivity.
Your proposal must relate to the actions SMEs can take to become more productive by:
- adopting tried-and tested technologies, accountancy, CRM or HR software or payment systems
- adopting modern business practices
- improving their use of such tried and tested technologies and management practices already active within the business
- or a combination of the above
This is the second round of the Business Basics Fund. Innovate UK are funding 2 types of project in this round: trials and proof of concepts.
This competition is for trial projects where the lead applicant is a business. Other organisations such as public sector or not-for-profit can participate as collaborators but cannot lead.
To apply for funding to run a trial where the lead applicant is not a business you must apply through the non-business-led trial competition.
If you are an organisation whose idea is at an earlier stage of development, you should apply to deliver a proof of concept.