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

Business Basics 3: SME technology use - non-business led trials (link to Innovation Funding Service)

Business Basics 3: SME technology use - business led trials (link to Innovation Funding Service)

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.

Round 3 (closed to new applicants)

In Round 3 we are funding trials only, not proof of concept projects. A total of up to £2 million is available.

Following the completion of the Expression of Interest phase, shortlisted bidders have been invited to submit a full application by noon on 19 February 2020.

Rules and guidance for Round 3 (shortlisted bidders only)

  • the Innovation Funding Service (IFS) will provide shortlisted bidders only with details of how to apply
  • your proposal must focus on technologies which support business and administrative functions, such as payment practices, accountancy and human resources
  • all project work must be carried out in England
  • all selected projects must start on or shortly after 1 June 2020
  • grant funding of up to £400,000 per project is available
  • you must have an independent evaluation partner

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 3 January 2020 + show all updates
  1. Round 3 closed to new applications.

  2. Overview of Business Basics 2 winners added.

  3. Business Basics Fund Round 3 now open to expressions of interest.

  4. Second funding round now closed.

  5. Business Basics Fund Round 1: summary of winners published.

  6. First published.