Local Broadband News

Superfast broadband funding available for Lincolnshire firms

30th May 2014
Superfast broadband funding available for Lincolnshire firms

Investments of up to £25,000 are available for Lincolnshire firms looking to develop solutions for local businesses that incorporate the advantages offered by the superfast broadband infrastructure.

A total of £150,000 is being made available through the Superfast Broadband Fund, an incentive programme developed by Creative England and Onlincolnshire. The funding is open to enterprises based in the North, the Midlands and the South West.

The overall aim is to improve cross sector collaboration and innovations and open up practical opportunities for creative businesses to work with business clusters based in other sectors and regions.

Colin Davie, Lincolnshire County Council’s Executive Member for Economic Development, said: “Over the next few years we’ll be dramatically improving broadband speeds across the country and we want to make sure that local businesses are in pole position to reap the benefits.

“Superfast speeds will mean that businesses will be able to improve the way they operate by taking advantage of global connections with customers and suppliers.

“In addition, they can utilise advances in digital technology to both enhance and improve efficiency and develop new processes, products and services.

“We’re already providing a wide range of support to help our firms make the most of digital technology, and this project will take things another step forward,” he added.

Jim Farmery, Creative England’s Director of Business Development, said: “The Superfast Broadband fund aims to give cross-sector support to SMEs across England and provide investment to those with innovative creative potential.

“Ideas for applications could include anything from apps that measure your carbon footprint to industry specific auction websites or intelligent tourism apps, but the options really are limitless and we look forward to seeing the innovations that local businesses come up with.”

Those interested in applying can start by completing a simple online eligibility check and an expression of interest application form.

Submissions will then be checked and successful business will be invited to submit a full online application that showcases the business case for investment.

Deadline for expressions of interest is Sunday 29th June 2014. To apply for funding, click here.