ASSIST was an in-depth research project that identified significant gaps in the R&D funding landscape for small aerospace manufacturers
The ASSIST project was a pilot focused on supporting lower-tier aerospace suppliers in the West Midlands - an initiative of the West Midlands Innovation Programme 2.0 (WMIP 2.0) - delivered by the Midlands Aerospace Alliance.
Key conclusions
Most national innovation and funding opportunities are set up with the development of new technologies and products in mind. They appeal to the big technology companies on the one hand and small technology startups on the other. Established companies who are looking to develop incrementally and grow their existing expertise or develop a new manufacturing process or capability would be hard put to find anything of relevance there and would struggle with the administrative overheads.
Whilst there are currently limited regional or generic business development funds available, these are fragmented and difficult for smaller companies to find through their own efforts.
In a nutshell, the key conclusion of the ASSIST project is that with thoughtful design of smaller-scale R&D and innovation funding programmes, many more West Midlands aerospace manufacturers could join the large companies and be supported to develop their own IP, grow their businesses and make a greater contribution to the local economy.
Read the summary report
To read the report click here.
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