Leeds City Council has confirmed funding for seven innovative projects designed to support the growth of small and emerging businesses in the city’s digital and tech sectors. As part of the Innovation@Leeds programme, these grants are aimed at fostering talent and providing key resources for entrepreneurs, particularly from diverse backgrounds, to succeed in industries like artificial intelligence, fintech, and green tech.
A competitive selection process saw 40 applications, with each of the successful projects awarded grants of up to £25,000. These initiatives will provide a mix of mentoring, workshops, and networking opportunities, helping participants acquire the skills and contacts necessary to thrive in the competitive world of innovation-led business.
Among the successful projects is GreenTech Gathering, a series of workshops that will help green technology businesses with topics such as investor readiness and brand strategy. FinTech North is also on board, offering mentorship and opportunities for future business leaders to develop their pitching skills. Buttercrumble’s The Brand Lab will also focus on helping tech businesses enhance their communication strategies, while Lifted Ventures’ Athena VC Elevate aims to guide founders toward rapid growth.
Other initiatives include Quick Labs, which will provide essential business support to early-stage start-ups, and the Global Innovators programme, which will help businesses explore their potential for international expansion. AI 360 Leeds will also offer resources for businesses looking to integrate AI into their strategies.
This round of funding is backed by the UK Shared Prosperity Fund, managed by the West Yorkshire Combined Authority. Leeds City Council’s Deputy Leader, Councillor Jonathan Pryor, emphasized that these grants are more than just financial support; they’re a step toward creating long-term opportunities for growth and innovation in the city.
