What is Springboard?
Springboard is the fund created to support the development of innovative ideas that will have a significant impact on the economy of Devon and Cornwall.
The Springboard Fund will consider assisting any organisation in the public, private or voluntary sector to support early stage development or 'step change' activity. The investment may take the form of either a grant or a loan depending on the type of project and applicant organisation. It is likely that grants will be made to 'not for profit' companies and charities, and both grants and loans will be considered for commercial 'for profit' organisations.
Applications are welcomed from organisations or projects which are likely to have a significant positive impact on the economy of Devon or Cornwall and, in particular, the creation of new jobs.
In addition, successful projects are likely to include:
- innovation
- development for high levels skills in the workforce
- creation of a positive environmental legacy
- generation of an economic impact greater than the singular improvement of an applicant's core business activity