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Size of business |
Risk/reward profile |
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| Funding Option |
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Comments |
| Internal Funding |
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| Good source for established companies that are in profit |
| Client-Funded Development |
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| Only suitable when aims of business and client coincide |
| Grants & Credits |
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| The Carbon Trust |
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| Some funding for low carbon technologies |
| Collaborative R&D Award |
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Bi-annual competitions in priority areas |
| EU Framework Programme |
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| For collaborative R&D with European partners |
| Grant for R&D |
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Highest awards for smaller firms and ‘research’ projects |
| KTP |
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Excellent route to transfer knowledge from a university |
| Shell STEP |
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| Supports summer projects for undergraduates |
| Tax Credits |
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SME Scheme can provide funding even with losses. |
| Bank Loans |
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DTI’s SFLGS supports small firms that lack security |
| Business Angels |
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Business angel networks provide access to investors |
| Venture Capital |
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| Some funds have regional or technology focus |
| Corporate Venturing |
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Bioscience and ICT sector companies are most active |
| Public Offering |
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| Long term goal for most new high growth businesses |
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| Suitability Rating |
Unlikely |
Possible |
Good |