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Nuformix Secures £250k GRD Funding

Oct 19th 2009

Nuformix, with locations in Wilton and Cambridge has secured GRD funding of ca. £250k (under the UK Government Grant for Research and Development Scheme) through One North East. GRD funding will enable Nuformix to accelerate and extend it’s R&D programme and maintain a competitive global position.

In addition, this additional funding will enable Nuformix to take its products further up the value chain, creating greater value by de-risking products for customers. Overall, GRD funding will enable a more rapid development plan that will deliver higher-value products than would have otherwise been possible.