Coventry University Enterprises Ltd has completed a formal funding agreement, with the United Kingdom Department for Communities and Local Government to deliver a European Regional Development Fund project within the West Midlands region entitled Technology and Innovation Futures West Midlands.

The project will operate over a three year period. The tender relates to the delivery of specialist business support services to SMEs within the West Midlands region and has an overall value of 820k of which 50 percent will be funded by ERDF and 50 percent of which will be paid directly by the SME beneficiary to the organisation contracted and appointed to deliver the support.

Organisations tendering for the delivery of the specialist business support services should be able to conduct a specialist beneficiary diagnostic to determine the particular requirements of individual businesses identified for support through the programme and their potential to realise the outcomes identified for the project, complete a specialist diagnostic report for each beneficiary supported, provide appropriate business support and innovation consultancy to individual beneficiary SMEs of up to 10-days per business to support their uptake of new to market technologies in line with identified business growth plans, complete a detailed SME intervention report complete a business support monitoring and impact evaluation report and report information on all support provided for beneficiaries to Coventry University Enterprises Ltd to ensure ERDF compliance.