Tuesday, 29 October 2013
Local small and medium enterprises (SMEs) will be given the chance to innovate and improve their performance at two University of Worcester events in the coming weeks.
The University is a partner in the Stimulating Growth and Innovation (SIG) Project, which has been awarded a grant of over £350,000 from the European Regional Development Fund and will support SMEs throughout Worcestershire, Herefordshire, Staffordshire and Shropshire.
The University will stage two free introductory workshops – the first of which will be staged at The Hive on November 19th – which will address business innovation and give local businesses the chance to apply for grant finance to support their innovation.
Tim Maxfield, the University of Worcester Business School’s Director of Business Development, explains: “This European-funded project will address the confusions and misunderstandings that often exist around innovation in business.
“Innovation doesn’t have to mean technological solutions and big investment in research and development. Most innovation involves ‘doing things differently’ to be more efficient, and we can help with that process through our advisors.
“The project also gives the opportunity for committed SMEs to apply for grant funding to support the innovation.”
The second introductory workshop will take place at The Courtyard, Hereford, on December 17th. Further workshops, addressing specific issues applicable to local SMEs, are planned for 2014.