FAQs > About the Scheme (17 entries)
We hope that we have addressed most of the questions you might have about the Innovation Voucher scheme on our website.
However, if you have a question that we have not covered here or elsewhere on the wesite, please contact the Advice Centre by emailing enquiries@innovationvouchers-wm.com or calling 0121 204 3883.
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The Innovation Voucher Scheme invites West Midlands small and medium enterprises (SMEs) to apply for a voucher to the value of £3000 to purchase academic support from 1 of the 13 ...
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The main objective of the Innovation Voucher Scheme is to increase interaction between universities and SMEs in the West Midlands to boost firms' innovation capability. The Innovation Voucher Scheme has considerable ...
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The next round of vouchers (Round 7) will be funded by the Regional Development Agency - Advantage West Midlands (AWM) and the European Regional Development Fund (ERDF). ...
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An innovation project can take many different forms. It could mean selling an existing product or service into a new market, finding more cost effective ways of doing things or adding ...
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Solutions for Business is a suite of publicly funded business support products and services designed to help businesses start, grow and succeed. The right advice, loan or grant - ...
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The Innovation Voucher scheme is led by Aston University, from the Innovation Voucher Advice Centre, which is based in Aston Business School.
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The 13 universities involved in the Innovation Voucher scheme can be found on the Knowledge Providers page of this website.
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Please let the the Advice Centre know by emailing enquiries@innovationvouchers-wm.com or calling 0121 204 3883. However, please note that details of your Innovation Voucher project will still be circulated ...
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Yes, as long as the subsidiary company is self-sufficient. If you are unsure about your eligibility please contact the Advice Centre by calling 0121 204 3883 or emailing enquiries@innovationvouchers-wm.com .
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The value of the voucher is £3000 excluding VAT
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Yes, vouchers are subject to VAT. The VAT currently payable on the £3000 voucher is £525.
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The Innovation Voucher cannot cover the cost of VAT. Companies that are VAT registered will be able to reclaim it through normal procedures. Companies that are not VAT registered will be ...
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In this round (Round 7) 90 vouchers will be awarded, funded by Advantage West Midlands (AWM) and the European Regional Development Fund (ERDF).
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Yes. There is no limit to the number of applications you can submit to the scheme, however, an SME can only receive a maximum of two vouchers and can only have ...
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It is important that competitors operate on an equal basis. Faced with free trade between EU Member States and the opening of public services to competition, national authorities sometimes want to ...
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Yes, other Regional Development Agencies are starting voucher schemes as one aspect of the Business Simplification Process. The North West Development Agency (NWDA) and Yorkshire Forward launched their schemes in 2009. ...
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The level of aftercare will be discussed between the SME and academic undertaking the work, and detailed in the Agreement form.