Get Ready For R&D

Get R&D Ready

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Get R&D Ready is a tool to help you reach your research and development goals. It has 8 questions and takes around 5 minutes to complete. Once you have finished, we will email you a personalised report.

This report will include:

  • the key stages of R&D
  • sources of support and funding for your business

Research and development can help you to create new products and innovation, reach new markets, and increase sales. This is a great time to start, as there are significant funds available to finance projects.

Please do not use the ‘back’ button to navigate. Doing so will cause you to exit the tool and your answers will not be saved.

So, let's get started.

Go to Question 1

Do you have a business in Northern Ireland?
In order to access the support available for R&D projects, you need to have a business located in Northern Ireland. If you have not yet set up your business, we can provide you with information on how to do so and how you can use R&D to develop products and services, once your business is up and running.
Yes
No
Next
Would you like to:
Improve existing products or services.
Develop new products or services.
Develop new and improve my existing products and services.
None of the above.
Next
Based on your research, is your product or service different from your competition?
Is there demand for your product or service? Is it unique, distinct or superior to your competition? Can you identify potential customers? Will they be prepared to pay for your product or service at the price you have set? You need to know the answers to these questions because innovative new products and services are more likely to result in a viable R&D project.
My product or service is quite different from my competition.
My product or service may not be different enough and I need to do more research.
I don’t know because I have not done any research.
Next
Have you identified a market for your product or service?
Knowing which markets you can sell your product or service to will help you to develop your product and service more effectively. The more information you have, the better you will be able to understand your potential customers, the marketplace and how your product or service fits in. Also, selling to markets outside of Northern Ireland increases the range of support your business will be able to access.
Yes, my market is both inside and outside of Northern Ireland.
Yes, my market is inside Northern Ireland.
Yes, my market is outside Northern Ireland.
No, I have not yet identified my target market.
Next
Which aspects of R&D would you like support with? Please select all that apply.
Market research
Market research can help you identify if there are enough customers for your product or service, and understand who the competition is.
Customer needs analysis
The success of your product or service is dependent on its ability to address the needs of your customers. This is important element of the development process.
Product definition
To launch your product or service, you need a sound concept, design specifications, a target market and price points.
Proof of concept
Testing your product or service idea in order to develop it more fully and prove it has commercial potential, is an important element of the development process.
Pricing
It is important to have a pricing policy and consider the cost of all the materials, other inputs, machinery, processes and administrative time realistically.
Prototype
Creating a working prototype or pilot service which can be tested before launching to market is an important element of your R&D project.
Marketing plan
You need to develop a marketing strategy setting out clear objectives, decide which customers to target, and how to reach them and win their business.
Product testing
Before finalising your idea, it is important that you test your product and modify according to feedback from your customers, suppliers or manufacturer.
I would like support with all of the above.
Next
Is the cost of your R&D project at least £15,000?
Invest NI is the economic development agency for Northern Ireland and can offer your business a range of funding mechanisms for R&D. To qualify for this support, the cost of your R&D project must be a minimum of £15,000.
Yes
No
Not sure
Next
Can you fund at least 50% of the total cost of your R&D project?
Invest NI is the economic development agency for Northern Ireland and can offer your business a range of funding mechanisms for R&D. To qualify for this support, you must be able to fund at least 50% of the total cost of your R&D project. Note that R&D projects can typically last between 6 and 36 months.
Yes, show me what support I may be eligible for
No, but I want to know what funding might be available for my project
Next
As the economic development agency for Northern Ireland, Invest NI can help you develop new products and services, access practical support and discover the best funding streams available. Based on your responses, you may qualify for additional support for your R&D project, providing you meet certain criteria, such as your current volume of sales outside of Northern Ireland.
Would you like Invest NI to contact you to discuss your R&D project?
Yes, I would like my personalised report emailed to me and for a member of Invest NI’s Business Support Team to contact me.
No, I would just like my personalised report emailed to me.
Next
Please enter your details below and we will email you your personalised report.
* denotes a mandatory field.
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