The project will use ERDF funding to assist SMEs to increase their capabilities, productivity and competitiveness and take calculated risks in implementing new products, processes and service improvements. It is managed by The iNet, Loughborough University (formerly Transport iNet).
Businesses must be based in Leicester & Leicestershire Local Enterprise Partnership area (LLEP) and engaged in the general area of one of LLEP’s priority sectors:

  •  Advanced manufacturing and engineering
  • Food and drink manufacturing
  • Textile manufacturing
  • Low carbon technologies
  • Logistics and distribution
  • Creative industries

The support includes a mixture of:

  • “market access” support
  • Part-funding (grant) towards external costs of investments in enhanced capabilities and new technologies including equipment required to take new products, processes and services from early development to production.
    It will make it easier for SMEs to accelerate their investment in activities which enable growth and enhance their competitiveness.

The programme will operate from November 2016 through to October 2019.

For more information please read: PACE Information Sheet

To contact and find out more call 01509 635270 or e-mail to inet@lboro.ac.uk