Up to £20k grants for new product development
Are you looking to bring a new product or service to the market and need equipment costing £20k+? PAPI might be able to help.
The Product and Process Innovation (PAPI) project encourages innovation and regional economic development by awarding capital grants to small businesses to support the development of new products or services. 40% grants are available between £8,000 and £20,000 to businesses in York, North Yorkshire, East Riding, and Leeds City Region.
To be eligible, you need to be an SME in an eligible region, have a project with capital expenditure costs of £20,000+, be creating a new product or service, and adding at least one new full time job to your business.
The PAPI Process
Check your eligibility
Use our eligibility checklist to ensure you meet the criteria
Tell us about your project via our expression of interest (EOI) form
If eligible at EOI stage, we'll help you complete a full application
Our expert panel will assess your application
Procurement & claim
We'll assist with procurement, and disburse funds when your new kit is delivered and paid
What do PAPI-supported businesses say?
“As well as the PAPI grant allowing us to increase our volume it also gives us a bit more freedom”
“We got an amazing 40% funding and with that we bought three new machines.”
“The funding that we have received from PAPI has allowed us to take on more employees because we are always looking to have people on builds and on projects.”