The DTI provides support to encourage research and development, manufacturing and international investment in Eastbourne and East Sussex through a range of national and regional programmes and initiatives:
The Government have introduced and improved the R and D tax credit to enable companies in all regions to carry out research and development projects, the credit is presently worth £600 million per year in Government support. In 2006-07 we are providing £3.3 billion to support UK science which includes £2.3 million to the Technology Programme which is to support the UK research base and £430 million to the Technology Programme which is 600 collaborative R and D projects across 40 technology areas, enabling manufacturers to capitalise on key technologies.
Regionally, three programmes are managed by the South East England Development Agency (SEEDA) on behalf of the Department. These are the Grant for Research and Development, Selective Finance for Investment and the Manufacturing Advisory Service.
In addition, SEEDA provides advice and information via the Business Link network as well as support through programmes such as the Innovation Advisory Service and Enterprise Hub Programme, among others. SEEDA also manages regional delivery of the national inward investment promotion framework which is operated by UK Trade and Investment. The framework seeks to encourage foreign direct investors as well as working directly with relevant partners in the region to encourage appropriate international investment—including into East Sussex.