R&D Grants will often fund a percentage of the overall project costs (often around 70% for an SME). The other 30% (referred to as Match Funding) must come from the applicant. Match funding is typically over £100k, so what do you do if you don’t have the match funding?
Sprk was founded to solve the cash flow needs of companies engaged in innovation. A Sprk Advance provides a solution by allowing companies to invest without the requirement for other dilutive forms of capital such as raising equity.
