KTN's online platform helps you to make the connections you need

 

The Knowledge Transfer Network (KTN) has refreshed its online platform to intelligently connect you to relevant events, funding, thought pieces and specialist staff to help your business innovate and grow.

You can discover content using your area of interest, from sustainability to transport; from space to health – all major UK economic sectors are covered. Once you have selected your interests, using our intelligent tagging system, we will then display rich and relevant content related to your area, often from surprising sources.

An example might be new satellite technology from the space sector that is applicable in the agri-food sector. KTN-UK.co.uk will help you form these unusual and valuable connections.

All content on the platform has been carefully curated by our team of innovation specialists – not by an automated algorithm – so you can be confident that KTN is connecting you to the most relevant cutting-edge information.

 

The move also marks a closer alignment with our main funder, Innovate UK , with the website branding making a clear visual link. Knowledge Transfer Network is Innovate UK's innovation network partner, and also works with other funders to provide innovation networking services and fulfil our mission to drive UK growth.

We link new ideas and opportunities with expertise, markets and finance through our network of businesses, universities, funders and investors. From agri-food to autonomous systems and from energy to design, KTN combines expertise in all sectors with the ability to cross boundaries. Connecting with KTN can lead to potential partners, horizon-expanding events and innovation insights relevant to your needs.

Visit our people pages to connect directly with expertise in your sector.

Visit the KTN refreshed online platfom here

Articles

« go back

Useful guide available: SME access to finance schemes

Measures to support SME growth

This handy guide has been produced (Feb 2013) by the Department for Business Innovation and Skills (BIS).  It summarises the main forms of public finance and advice available to businesses and sets out who can access which schemes and where further information can be found. 

Where to turn?

As the Government responds to the challenges of the economic downturn, new schemes have been implemented or existing ones modified to help businesses grow. They have been designed to supplement and build on private sector provision; which is why most of the programmes are delivered through intermediaries, rather than by central government directly, and consequently, why SMEs often find it a mine-field to navigate to try and find appropraite schemes for themselves.

First port of call

The following are four government-sponsored and recommended sources for SMEs to identify appropriate funding mechanisms:

1) Business Link Helpline

The Business Link Helpline also offers advice and information on financing your business. It's open Monday to Friday during normal office hours on 0845 600 9 006.

2) Business Finance and Support Finder

The Business Finance and Support Finder is a simple tool that can help you find publicly- funded sources of assistance that you may be eligible to apply for. Support may be available in a number of forms, including financial assistance and free or subsidised advice services. There may also be specific initiatives to help with starting up, managing or growing a business.  See https://www.gov.uk/business-finance-support-finder

3) Business Finance for You

Business Finance for You brings into one place a wide range of finance providers across Britain - including business angels, regional funds, government schemes and banks.  See http://www.businessfinanceforyou.co.uk/finance-finder

4) SME Finance Guide

BIS and the ICAEW have jointly produced a free guide to SME finance which sets out the main financing options and key issues to consider when choosing between options. See http://www.icaew.com/cffsmefinance

 

Full details in the report

Download the report here.

The report then offers information on the following, including what it is, how it works, who is eligible, how much is available and how you can find out more/access the finance scheme.

1. Obtaining Loans

  • Funding For Lending Scheme (FLS)
  • National Loan Guarantee Scheme (NLGS)
  • Community Development Finance 
  • Enterprise Finance Guarantee (EFG)    
  • Business Finance Partnership (BFP)    
  • Business Finance Partnership (BFP): Small Business Tranche 
  • Start-up Loans  

2. Obtaining Investment

  •  Seed Enterprise Investment Scheme (SEIS)    
  •  Enterprise Investment Scheme (EIS)    
  •  Venture Capital Trust Scheme (VCT)    
  •  Business Angel Co-Investment Fund    
  •  Enterprise Capital Funds (ECFs)    
  •  UK Innovation Investment Fund (UKIIF)    

3. Help to win or guarantee a contract 

  •  UK Trade & Investment (UKTI)    
  •  UK Export Finance (UKEF) products: Buyer Credit Facility; Supplier Credit Financing Facility - bills and notes; Supplier Credit Financing Facility – loan (without bills and notes); Line of Credit; Project Financing; Export Insurance Policy;Bond Insurance Policy; Overseas Investment Insurance; Letter of Credit Guarantee Scheme; Bond Support Scheme; Export Working Capital Scheme; Foreign Exchange Credit Support Scheme            

 4. Other business advice programmes  

  •  GrowthAccelerator   
  •  Manufacturing Advisory Service (MAS)    

 5. Other financial support programmes 

  •  Regional Growth Fund (RGF)    
  •  Growing Places Fund    
  •  EU funded sources of finance    
  •  JEREMIE (Joint European Resources for Micro to Medium Enterprises)

6. Future financial support    

  •  Business Bank    

So, if you're looking for funding mechanisms for your SME, read the report first and save yourself a lot of going around the houses!

 

Comments
No comments yet. Be the first.

Quick Links

Popular articles

Hydrogenesis - UK's first hydrogen-powered ferry to showcase green technology in Bristol

The UK’s first hydrogen-powered ferry, currently operating off Bristol’s Harbourside, was...

Hydrogenesis - UK's first hydrogen-powered ferry to showcase green technology in Bristol

The UK’s first hydrogen-powered ferry, currently operating off Bristol’s Harbourside, was...

2017 Shift2Rail call for proposals now published

Shift2Rail (S2R) is an Horizon 2020 programme, and the 2017 call for proposals was published...

2017 - Year of Autonomy

The “2017 - Year of Autonomy” initiative was launched on 16 November during the Marine...

Digital Transport Speed Networking Event

The Knowledge Transfer Network is hosting an exclusive event that will bring industry leaders...