Pathways to Growth is a scheme operated by the Royal Academy of Engineering to encourage and support capacity building for engineering and technology SMEs in the UK. This year, they are intending to offer funding to around 20 SMEs, depending on the grant amount requested (which can be one of £10,000, £15,000 or £20,000).
Ideally looking for SMEs in engineering and technology with a high growth potential. The training doesn’t have to be focused on engineering, it can be on whatever best suits the needs of the company to support its growth . In addition, a number of the successful applicants will also be offered membership of the Enterprise Hub and mentoring from a relevant Fellow to further support their growth potential.
If you are working with a, or have worked with a company that best fit the following criteria they could be considered for this scheme.
- Engineering and technology SMEs, and
- Have high growth potential if they had some additional training/mentoring support, and
- Where they would not be able to fund this level of training themselves
The scheme is in its first year of operation, which means there may be limited awareness out there this year, so applicants could stand a good chance of success! The closing date for applications is 4 p.m. on 23rd September.
In the first instance please contact Jayne Codling in R&KEO – email firstname.lastname@example.org or phone ext 61215 to register your interest and to receive more information.