TALE has awarded over £75,000 in grant funding to SMEs to spend on their data projects.
The contributions will lever investment business cases with budgets totalling over £188,000 and are being spent on acquiring new software and recruiting new staff.
TALE is able to make a funding contribution of 40% of an individual company's project budget, and successful applicants were able to demonstrate benefits through the more effective use of data analytic tools and techniques.
The total grant budget available is £1,890,000 of EU funds - and is available on a first come first served basis, to a maximum of 150 companies.
Early grant applications were focused on the 'Transformation' Level, where the contribution goes towards a new logistics service as well as providing increased employment within the companies concerned.
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A guide to preparing a successful business case is available from our Business Support Facilitators