The IPSS programme, part funded by the European Regional Development Fund (ERDF) supports businesses through the early stages of developing a new product or process. The project is managed by the University of Wolverhampton (UoW), with delivery of support undertaken by UoW and project partners, Aston University and Birmingham City University.
The programme is specifically designed to support businesses developing:
- Environmental technologies
- Low carbon engineering and products
- Digital technologies
- Transport technologies
- Medical technologies
The programme is part funded by the European Regional Development Fund (ERDF) through to March 2019.
Businesses will initially receive a two day review of their proposed product/technology. The results of the review will be used to promote businesses with the most viable propositions through to a second phase of the programme that offers a further four days of funded support. In some cases, eligible companies will also be able to access a Research Collaboration to assist with further development.
Examples of the funded support available to businesses include:
- Product design
- Engineering analysis
- Market research
- Intellectual property guidance
- Electronics development
- Commercial reviews
- New product development planning and development
- Development and implementation of sensor technologies ?
The iPSS programme is offered across the following Local Enterprise Partnership (LEP) areas:
- Black Country
- Greater Birmingham & Solihull
- The Marches
- Stoke on Trent & Staffordshire
To be eligible for support businesses must be based in one of the above LEP areas, have fewer than 250 employees, have a turnover of less than €50m per annum and a balance sheet value of less than €43m.