June 4, 2019
The North East is open for business with more than 11,000 new North East companies launched in 2017* – meaning there is a real demand for reliable, effective and result-driven business support.
Pathways 2 Innovation (P2I) is a programme designed to help SMEs protect and commercialise new technologies, products, services and processes and access new markets.
Supporting the North East Local Enterprise Partnership’s Strategic Economic Plan, the programme is particularly aimed at businesses in the healthcare and life sciences, advanced manufacturing, offshore and energy technologies, IT, software, creative and digital sectors.
P2I is funded through the European Regional Development Fund (ERDF) and is delivered by RTC North in partnership with the Business & Intellectual Property Centre Newcastle in the NE LEP area.
SMEs based in the North East, from Durham to Northumberland, working in these key sectors can access four levels of support through the programme, including:
A minimum of two days support from RTC North’s innovation advisors. During this stage, SMEs can benefit from:
Support through masterclasses and workshops
Half or full-day sessions delivered on a range of topics throughout the year, covering:
Funded support for innovation
Companies can access up to 35 per cent grant funding for work with external specialists for projects between £3000 and £6000 total value.
Through P2I, RTC North can provide support with the development and commercialisation of innovative ideas. Eligible companies can access subsidised services for projects which lead to the development of new technologies, products, processes and services. From strategic planning, market strategy and helping companies to access proof of concept and other forms of funding and procurement advice.
Support through The Business & Intellectual Property Centre (BIPC)
BIPC can provide free support to enable eligible SMEs to identify and utilise their intellectual property to protect new innovations and grow their business. Free support available includes:
RTC services are designed to help clients innovate, compete and grow. Specialising in the commercialisation of new products and services, we work with individuals, businesses and the public sector to help create more innovative and vibrant economies.
Founded in 1989, RTC North has vast experience of helping organisations with all stages of the innovation and IP commercialisation process and uses this expertise to support partners at a UK regional, national and European level.