Guidance

Business Basics Fund

The Business Basics Fund supports projects that test methods of encouraging small and medium-sized enterprises (SMEs) to boost their productivity through ways of working and technology.

Documents

Trial projects: non-business led - overview

Trial projects: business led - overview

Proof of concept projects - overview

Details

The Business Basics Fund, a series of open competitions, is the main element of the Business Basics Programme. The fund aims to build evidence on how to encourage SMEs to adopt productivity boosting technology and/or management practices. It is administered by Innovate UK on behalf of BEIS.

Second round now closed

Under the second round of the Business Basics Fund, for which a total of up to £2 million is available, we are funding 2 types of project: trials and proof of concept. This round is now closed for applications. Details of the successful projects (due to start on 1 September 2019) will be published here.

Rules and guidance applying to both types of project

  • all project work must be carried out in England
  • all selected projects must start by 1 September 2019 and can last up to a year
  • further guidance and help on evaluation / finding partners available via the above links
  • we will hold a networking event and an evaluation masterclass

Trial projects - non-business or business led

  • aiming to generate robust evidence on the most effective approaches, and build an understanding of the short, medium and long-term impacts of these approaches
  • grant funding of up to £400,000 per project
  • you must have an evaluation plan, and, ideally, an evaluation partner
  • non-business led trials - where the lead applicant is a public sector organisation, a university, or research and technology organisation (RTO), a charity, or a not for profit company. Businesses can participate as collaborators but cannot be the lead applicant: use appropriate link above
  • business-led trials - where the lead applicant is a business: use appropriate link above

Proof of Concept projects

  • ideas at an earlier stage of development
  • grant funding of up to £60,000 per project

Contacts

If you have questions about the Fund or Programme, please contact clair.bowman@beis.gov.uk or natalia.davie@beis.gov.uk in the BEIS Business Basics team.

Further funding opportunities

Details of future funding opportunities will appear on this page.

Published 23 January 2019
Last updated 18 April 2019 + show all updates
  1. Second funding round now closed.
  2. Business Basics Fund Round 1: summary of winners published.
  3. First published.