Businesses in Salford are set to receive specialist support from a new large-scale innovation and acceleration programme.
Innovation Navigator is a new scheme set up by the Greater Manchester Business Growth Hub which is aiming to provide rapid commercialisation and growth to ‘innovative and high growth’ businesses.
The initiative is set to run until March 2025 with participants being able to access grant funding worth up to £1.6 million.
Yvonne Grady, Head of Innovation at the GM Business Growth Hub, said: “This is a fantastic programme which will benefit key businesses in the artificial intelligence, data and advanced computing, diagnostics, genomics and sustainable advanced material sectors across Salford.
“Innovation Navigator aims to springboard technological change so we can bring new products and services to the market at a faster pace which will enable businesses across the area to take full advantage of the emerging technologies at their fingertips.
“This work is set to be a game-changer for them and we believe it will bring benefits to local residents too.”
Business who are suitable for the programme will be identified by the Local Innovation Connector in Salford who will be visible at local networks and events.
Businesses in the artificial intelligence (AI), data and advanced computing, diagnostics and genomics, and the sustainable advanced materials sectors are said to be a ‘perfect fit’ for the programme.
Stephen Slater, Salford LIC, said: “I’ve seen first-hand the benefits of collaboration in transforming innovation into tangible reality – and, more importantly, improved performance and competitiveness.
“Using my commercial and technical aptitude, I want to assist businesses in Salford to create, accelerate and launch new products and services.
“So, if you’re a Salford business working in emerging technologies, then I’d love to talk with you, as I am confident that our new Innovation Navigator programme will be of valuable support for relevant Salford businesses.”
More information about the scheme can be found here.
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