The Small Business Research Initiative (SBRI), which can offer up to £50,000 to promising projects able to start in January 2021 and complete by the end of March, will also be important for schemes that can support the public sector after the EU Transition period.
The focus will be on creating better lives closer to home, by delivering against three key objectives that support the Welsh Government’s Economic Action Plan. These are to:
- Build Back Green - enabling businesses and communities to adapt to the ongoing challenges posed by COVID-19 with a focus on a healthier, cleaner and more sustainable Wales. We are looking for solutions that enable people to continue to work closer to home, considering accessibility and safety whilst maintaining a sense of community and connection.
- Create sustainability and security in supply chains - supporting place-based and needs-led driven business supply chains to secure jobs for the future and to safeguard against further supply chain disruptions so that communities have access to healthy food sources.
- Support mental and physical wellbeing for all generations - developing new products and services to address mental health, improve access to care, and support the resilience of communities throughout the pandemic and beyond.
Solutions could include ways to use emerging digital and smart technology to support the mental wellbeing of people within communities; reduce the impact of emissions on health; tackle the impacts of food poverty; or reduce unemployment and the need to commute.
Closing date for applications: 12pm November 27 2020.
You can find out more on this Welsh Government webpage.