Ideally, you should have identified a suitable innovation partner/s to work on the project from the other jurisdiction (ROI/NI or ROI/Scotland). If not don’t worry as Co-Innovate can help with this.
Your project should have clear demonstrable benefits to you and your partner/s and represent a fundamental part of your strategic business plans. Your proposal must be able to demonstrate strong commercial potential. Your company and partner company/s should be:
- Manufacturing or tradable services.
- Located within the eligible region of Northern Ireland, the border counties of Ireland or Western Scotland (see table below).
- Financially viable.
- Understand the need for innovation.
- Able to demonstrate the capacity and commitment to support Co-Innovate activity at senior management level.
- Only SMEs will be able to avail of direct financial assistance. An SME is defined as a company with < 250 employees / not exceeding €50 million euro and / or exceeding a balance sheet of €43 million.
- Large companies may apply to be part of the Business to Business/Collaborative partnerships, but they will not receive any direct financial assistance under the programme.
Direct Entry Eligibility Criteria:
Companies applying directly for the Business to Business Partnership (who have not participated on the earlier stages of the programme) should meet the additional Direct Entry Eligibility Criteria:
- Where a partnership has not already been developed, businesses applying must have more than 50 employees.
- Where a partnership has already been developed, at least 1 of the company partners must have no fewer than 25 employees.
Where businesses applying directly for either the Business to Business or Cluster Partnerships do not meet the Direct Entry Eligibility Criteria for the Co-Innovate Programme, then they will be required to go through the earlier stages of Co-Innovate to receive additional support in innovation activity.
All payments are made retrospectively and so your partnership must be in a financial position to fully fund the project.
Only businesses based within the Eligible Co-Innovate Region and as defined by the European Union, as detailed in the Table below will be considered:
|Jurisdiction in which at least 1 SME partner organisation must be based.||Jurisdiction in which at least 1 SME partner organisation must be based.|
|Northern Ireland and Western Scotland including the Highlands and Islands*||Six Border Counties of ROI**|
|Six Border Counties of ROI **||Northern Ireland and Western Scotland including the Highlands and Islands.*|
* Western Scotland including the Highlands and Islands ie Dumfries & Galloway, East Ayrshire and North Ayrshire mainland; South Ayrshire; Lochaber. Skye & Lochalsh, Arran & Cumbrae and Argyll & Bute and Eilean Siar/ Western Isles.
** Six Border Counties of ROI ie Donegal, Louth, Leitrim, Monaghan, Cavan & Sligo.