What is the Grant for Research and Development?

Grant for Research and Development is a DTI business support solution
delivered by the nine English Regional Development Agencies. The grant helps
businesses carry out research and development work that will lead to
technologically innovative products or processes. It is aimed at individuals
planning to start up businesses in England and at businesses with fewer than
250 employees already operating in England.

There are four types of grant aimed at supporting different types of research and
development project:

Micro Project grants help you develop a simple, low-cost prototype of an
innovative product or process. Project duration: up to 12 months.

Research Project grants help you assess the technological and commercial
feasibility of turning highly innovative technology into a new product or process.
Project duration: 6 to18 months.

Development Project grants help you develop a pre-production prototype of a
new product or process involving a significant technological advance.
Project duration: 6 to 36 months.

Exceptional Development Project grants help with the development of a new
technology that is strategically important to an industrial or technology sector.
Project duration: 6 to 36 months.

Reference: http://www.nwdabusinessfinance.co.uk/research-and-development-grants