Euro red tape thwarting companies looking to get EU research and development grants has to go, businesses told the Government yesterday.
West Midlands Business Council deputy chairman, Dr Sarindar Singh Sahota, hit out on the day the UK presidency of the European Union began.
He said: "I have urged the Europe Minister, Douglas Alexander, to use Britain's presidency to cut the euro red tape on these grants. Business now has to go through a long winded process to hunt around for a research partner to apply for an R&D grant - only for the application to have a high chance of being turned down.
"We propose to reverse this process. We believe applications could be agreed or refused in principle before the hard graft of getting a research partner begins. This saves the time and resources for many businesses."