North Lancashire businesses required for post-Brexit funding survey

Lancashire is due to receive £211m under the current Structural Fund programme until 2020 while while Cumbria has been allocated almost £80m.

“It is not yet clear how much money will be available, nor the funding mechanisms through which it will be distributed.”

Katie added: “It will explore the factors that contribute to the dynamic capabilities of SMEs in Cumbria and North Lancashire, the way in which knowledge is created and utilised within organisations and the competitive advantages that arise from this. “Intuitively, we know that the local specificities of geography, demographics, transport, networks and so on all impact on the ways in which we can innovate and drive change but this is an area which is under-researched. Our team hopes to focus attention on ‘place-based innovation’ and, in doing so, inform the development of new funding mechanisms that will prove to be more useful and impactful for SMEs in our region.”