Kirklees businesses use vouchers to 'buy' knowledge

Businesses are being encouraged to "buy" knowledge and innovation with vouchers in West Yorkshire.

Kirklees-based businesses can apply for and redeem Innovation Vouchers worth £2,500 for experts and their knowledge through Kirklees Council.

Companies can use the vouchers to improve existing products and services, or to research new product design.

Universities and research organisations are involved in the scheme to help "develop new and innovative solutions".

Peter McBride, from Kirklees Council, said: "Innovation is key to success - never more so than in the current climate - and the Innovation Vouchers provide the perfect chance for businesses to take the plunge and try something new."

To use a voucher companies must apply to and be approved by Kirklees Council and pay for the project up front.

Job creation

Once the project is completed the company will receive the monetary value of the voucher from the council.

Businesses using experts at the University of Huddersfield are eligible for vouchers worth £5,000.

Dr Barry Timmins, head of Business Development at the university said it was hoped the vouchers would ensure the university had a "significant impact on local businesses".

Companies from any sector are eligible to apply for the vouchers through the council, but priority will be given to those projects which will create new jobs.

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