North East organisations are being offered support from a team of innovation experts to prepare projects for future funding opportunities. Alan Welby, Innovation Director at the North East Local Enterprise Partnership (LEP), explains how a pipeline of the most promising regional innovation projects and programmes in the North East is being championed on a national and international stage.
Securing funding for innovation-focused projects is a highly competitive process. Funding calls are regularly issued nationally or internationally, and bids must be extremely focused and well-developed if they’re to be successful.
That’s why we’re putting together a pipeline of North East projects which have the potential to have a real regional, national, and even international impact. Projects can come from any sector, but the important factor is that they are large in scale and have the promise to be successfully rolled out to domestic, commercial or industrial markets, and can help to increase investment in R&D and create new jobs in the North East.
The North East LEP can offer organisations support to ensure business cases are in the best possible shape to secure future investment and will act as a critical friend to help develop project ideas. We will help partners to identify public and private funding opportunities and ensure alignment with emerging strategic priorities. When funding calls open, we aim to have strong businesses cases ready from our pipeline and champion what our region has to offer.
We’ve already supported a range of North East innovation projects to secure £62.5 million of funding to support business case development and to move projects on to delivery. Examples include Northern Gas Network’s InTEGRel project and the Driving the Electric Revolution Centre North East project.
We’re now inviting more organisations to come forward and apply to join our official Innovation Project Pipeline, so if you have a project that’s in development, we’d love to hear from you.
We’re particularly keen to hear about projects that complement the North East’s existing strengths in digital, health and life sciences, advanced manufacturing or energy, as these are areas where we know the region has the potential to be a world-leader.
Working together as a region gives us strength, and by combining the drive and ambition of North East innovators with the expertise of the North East LEP team, we can set up our region’s businesses for success.