Technical Development Incentive (TDI)
Up to £15,000 financial support towards developing new products, improving processes and testing/certification to satisfy requirements of export markets.
Up to £15,000 financial support towards developing new products, improving processes and testing/certification to satisfy requirements of export markets.
The TDI is only available to existing Invest NI customers who meet the definition of an SME.
The criteria to become a customer with Invest NI is as follows:
- Reach a turnover of £250K per annum within 5 years; and
- Achieve at least 25 per cent of those sales outside of Northern Ireland.
You will also need to demonstrate growth potential, which is defined as:
- Potential employment growth >= 20 per cent or >=20 jobs within 3 years; or
- Potential external sales growth >=20 per cent or >=£500k within 3 years; or
- Potential increase in GVA / employee >= 20 per cent within 3 years.
Other TDI criteria:
- Businesses in transport and agricultural sectors are excluded.
- Only third party costs are eligible.
- Training, equipment purchase and labour are not eligible.
TDI provides financial support to companies to help with the cost of technical projects that require using consultants or companies to implement innovative solutions which can add value to the business through increased competitiveness, particularly when targeting key export markets.
Activities include but not limited to:
- intellectual property (copyright, patents trade marks and design)
- product and process development and improvement
- management systems (e.g. ISO 9001, ISO 14001, British Retail Consortium Global Food Safety Standard)
- product and process approval and/or certification (for example CE Marking, Fire Certification)
Maximum grant amount: £15,000
- Invest Northern Ireland