TSB pledge £1m for SME innovation projects

Posted on 19 Aug 2014 by Victoria Fitzgerald

The Technology Strategy Board (TSB) is set to fund manufacturing SMEs investing in R&D through its Process Industries North East Launchpad competition.

TSB will invest up to £1m in innovative research and development projects, with a focus on a cluster of manufacturing process businesses in the North East, grouped around the Wilton Centre, Seal Sands and Billingham. The competition aims to stimulate process industries in the region by attracting investment and people, as well as encouraging networking…

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