Investment and Grant Funding
In 2022, Anglia Innovation Partnership launched an enterprise strategy for the park. The strategy has two main aims and the first is to encourage entrepreneurs and people studying or working at the Park who have a potential business idea, to come forward for support. The other is to highlight to investors, be they venture capital companies or high net worth individuals, the potential the Park offers spin-outs, spin-ins and start-ups for a healthy return on investment.
- Pre-Seed: entrepreneur identification and development – Assessment of all ideas, selection process and then three-months support to market test ideas QUBIS managed, ICURe ‘Lean Launch’ programme funded by BBSRC
- Pre-Seed: preparing for spin-out and investment – Pre-seed Enterprise Fund supporting grants of up to £30k John Innes Foundation (JIF), BBSRC – CIAA (Campus Innovation Acceleration Account)
- Seed Fund: new company investment – SEIS/EIS seed fund raise – £1m raised for investment in Norwich, Manchester and Belfast Innovate UK grants up to £300k matched with SEIS/EIS Innovation Fund
- Growth Fund ambition: investment in company growth – Ambition to develop a growth fund for company growth and inward location. To be invested alongside external venture funders from £250k to £3m.
Pre-Seed Funding
The AIP Pre-Seed Enterprise Fund is part of a wider Anglia Innovation Partnership Enterprise Strategy that aims to accelerate the translation of research outputs through the formation and development of new enterprises (spinouts), and/or encourage innovation through collaboration with business and third sector organisations for societal impact.
Anglia Innovation Partnership LLP (AIP LLP), the organisation responsible for the commercial growth of the Norwich Research Park (NRP) has secured funds from the UK Research and Innovation Biotechnology and Biological Sciences Research Council (UKRI-BBSRC) and the John Innes Foundation. The Pre-Seed Enterprise Fund is managed by AIP LLP.
There is no minimum project cost nor upper limit to the total project cost, but the maximum sum that will be granted under this scheme is £30,000. Matched funding must equal 50% of the total project value: cash or in kind.
All grant awarded sums are inclusive of VAT. The work and total project cost (regardless of size) must be expended within your stated project period. Projects will typically be completed within 6 months of award.
Being part of the business community on campus can give your business exposure to large investors, through events or direct connections. For example, in 2024 the team at Anglia Innovation Partnership secured Norwich Research Park as a partner in the Gaia Sciences Innovation Fund with £100M raised, and is constantly making new connections to even more investors to bring them to the park.
Contact us
For any enquiries related to grant funding or investment opportunities please contact our team.
