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Project - 08 April 2022

Productivity Through Innovation

European-Regional-Development-Fund-Logo
European-Regional-Development-Fund-Logo
European-Regional-Development-Fund-Logo

The ‘Productivity Through Innovation’ is a programme run by the University of Derby, Nottingham Trent University and the University of Nottingham; to provide up to 181 SMEs in Nottinghamshire and Derbyshire with help to improve their productivity, over a three year period.

The UK lags behind other European countries in productivity and it is also a concern regionally. Through the ‘Productivity Through Innovation’ funding the three universities’ knowledge, skills and technology will be made available free to SME firms in the D2N2 LEP area.

Firms’ challenges will be addressed through innovation support (including postgraduate and undergraduate placements), management and leadership workshops; and academic support designed to help businesses innovate and explore new ideas.

Half the Programme’s funding comes via European Regional Development Fund (ERDF) money allocated to D2N2 LEP. The three universities will invest £1.5m each in the programme.

Project Specifics

Project Name: Productivity Through Innovation
Area of operation: D2N2 area
Matching Funding Source: Local Match from project partners
Total project Cost: £7.1m
ESF/EAFRD/ERDF: ERDF
Priority Axis: 1.1
Total Funding Allocation: £3.6m
Project Start Date: July 2019
Project Completion Date: March 2023
Project website: www.derby.ac.uk/business-services/funding/productivity-through-innovation/

Get in touch.

Address

D2N2 Local Enterprise Partnership

8 Experian Way

Nottingham

Nottinghamshire

NG2 1EP

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