il-LUMINATE-ing News

Jane Pearce  -  Apr 11, 2013  -  Comments Off on il-LUMINATE-ing News

The Transport iNet has been awarded funding from ERDF to continue and develop its successful innovation support programme. Transport businesses from around the East Midlands are now able to access £1.5million worth of funding and support to drive forward innovation, through the Transport iNet. 

The LUMINATE programme is being delivered by the Transport iNet and will use ERDF funding to provide grants to SMEs across the East Midlands region supporting the implementation of projects and the creation of new jobs.  Both capital and revenue costs will be eligible.  The programme will run from the 1st April 2013 until the 31st March 2015.

The Transport iNet is being managed and delivered by Loughborough University and is currently part funded through the 2007-13 East Midlands European Regional Development Fund (ERDF) Competitiveness Programme.  As part of this programme, the Transport iNet has been awarded a further 2 years’ funding to 2015 to deliver the LUMINATE project.

The project will assist small and medium sized businesses (SME) involved in all transport subsectors [Automotive, Motorsport, Marine, Aerospace and Rail] and provide practical and financial assistance to support advanced manufacturing, engineering & technology. The activities include finance for research and development collaborations with universities, and innovation support grants for capital expenditure and development of innovative new products, processes and services costs when bringing an innovation to market.

Key points of the programme are:

  1. Support East Midlands based SMEs
  2. Funded projects to be related to innovation in transport equipment and infrastructure (products, processes, services)
  3. Funding is 30% of project costs to be matched by company (no in-kind contributions)
  4. Funding can be spent on revenue and capital items
  5. Projects must create one or more jobs.
  6. Companies may also access up to 2 days of research work carried out by our internal researcher. This may be carried out prior to a funded project application or may be entirely standalone.

Suitable SME beneficiaries will be visited by an innovation advisor who will determine the nature and type of support required. If grant support is appropriate, and the company is eligible, they will be invited to complete and submit an application for funding.

Applications will be reviewed against the following criteria:

  • Economic viability of the SME
  • Strength of the business case
  • Innovation capacity
  • Job Creation potential

The project will operate from April 2013 through to March 2015.

Located at Holywell Park, Loughborough University, the Transport iNet is a business-led project actively seeking applicants for support and funding.

For more information contact Jane Pearce on 01509 635270.

About Transport iNet
The Transport iNet, based at Loughborough University, is part funded by the European Regional Development Fund (ERDF).  The LUMINATE (Loughborough University Manufacturing Innovation in Advanced Transport Engineering) programme builds on Transport iNet’s experience to date and Loughborough’s key strengths in the Transport Engineering/Advanced Manufacturing areas.  It allows individual sectors to work together, share ideas, technologies, intelligence and innovation. It creates a link between industry and the academic community and will help in efforts to establish further links with industry in these areas.

About iNets
In order to deliver the Regional Innovation Strategy and coordinate action under its four themes, emda and East Midlands Innovation created four business led innovation networks (iNets) which focused on the identified regional industry and research strengths across four priority sectors. These were identified as:

  • Healthcare and Bioscience
  • Food and Drink
  • Transport Equipment
  • Sustainable Construction – Finished March 2013

The iNets are raising the level of innovation in their sectors, with the aim of stimulating the research and development of new products, services and processes.

About the European Regional Development Fund (ERDF)
The Department for Communities and Local Government is the managing authority for the European Regional Development Fund Programme, which is one of the funds established by the European Commission to help local areas stimulate their economic development by investing in projects which will support local businesses and create jobs. For more information please visit:

https://www.gov.uk/browse/business/funding-debt/european-regional-development-funding

About Loughborough University
Loughborough is one of the country’s leading universities, with an international reputation for research that matters, excellence in teaching, strong links with industry, and unrivalled achievement in sport and its underpinning academic disciplines.

It was awarded the coveted Sunday Times University of the Year 2008-09 title, and is consistently ranked in the top twenty of UK universities in national newspaper league tables. In the 2011 National Student Survey, Loughborough was voted one of the top universities in the UK, and has topped the Times Higher Education league for the Best Student Experience in England every year since the poll’s inception in 2006. In recognition of its contribution to the sector, the University has been awarded six Queen’s Anniversary Prizes.

It is a member of the 1994 Group of 11 leading research-intensive universities. The Group was established in 1994 to promote excellence in university research and teaching. Each member undertakes diverse and high-quality research, while ensuring excellent levels of teaching and student experience.

Comments are closed.

  • View News by Month

  • Case Studies

    Metron Advanced Equipment Ltd Composites design and engineering company, Metron, explore the benefits of 3D printing with the help of the help of the Transport iNet...
    Lestercast Ltd: Investment Casting Centre ERDF funding from Transport iNet helped Lestercast to increase their capability for excellence and win key business award...
    gasfill Ltd gasfill Ltd were able to develop a test rig to evaluate the performance of their domestic CNG refuelling system with an ERDF grant from Transport iNet...
    Neville Precision Engineering Ltd Straightforward grant application process ensures that Neville Precision Engineering Ltd benefit from LUMINATE ERDF grant towards 4 axis CNC milling machine and Coordinate Measuring Machine....
    KW Special Projects Ltd KW Special Projects Ltd expand their additive manufacturing department with the help of an ERDF grant from the Transport iNet LUMINATE Programme....
    Sandwell UK Ltd Sandwell UK Ltd is a specialist finishing company. Traditionally operated within the automotive industry, working predominantly with racing and top class road car projects. ...
    Surface Generation Looking to further develop in the aerospace sector, Surface Generation wanted to find a way to improve the speed and control of the manufacturing processes used in production of composite parts. ...
    Pro-shift Success at the Isle of Man TT for Proshift's 'bump and blip' innovative gear changing system. The system was used by sidecar racer Dave Molyneux ...
    Sim-Cast Supply chain and market anaylsis for Sim-Cast helps with the company's plan to manufacture state of the art prototype Single Crystal parts in an efficient and economical way....
    Cooney Marine Cooney Marine has developed the first davit to carry much heavier weights. It also features an electric motor. This innovative product has not only extended the range of products it can offer to clients but has opened its services to a whole new market. ...
    EPL Composites & FSP Ltd Both companies have completed a collaborative project which has pushed the development of ‘crash friendly’ hybrid composite sign posts forward. ...
    Classic Car Services Established in 1981 originally as a car body shop, Classic Car Services is now a leading car interior specialist, supplying to car dealerships and directly to consumers. The company has built a solid and reliable reputation within the motor industry....
    Hardstaff Group Pioneers of dual fuel are first to market with Transport iNet support. Based in Nottingham with a heritage dating back some 150 years....
    Delta Motorsport Delta Motorsport formed in 2005 and specialise in the design and engineering of race cars and road cars for the motorsport and automotive industry. Delta Motorsport wanted to develop its high performance vehicles by creating a low carbon vehicle that would increase both driver performance and energy efficiency of component parts....
    Cougar RED, Great British Sports Cars and Norton Motorcycles Time at wind tunnel proves invaluable for three regional companies...