Eligibility
Funding is available to groups of at least 3 small or medium sized enterprises (SMEs) based in the West Midlands who are working together on an innovative new product, process or service. To qualify as an SME you must have:
- less than 250 employees
- a turnover less than Euro 50 million
- a balance sheet less than Euro 43 million
and be not more than 25% owned by an organisation that is
not an SME.