Business and Innovation Projects. News - 30 July 2020

Business Investment Grant enables TQC Ltd to level up

The D2N2 Growth Hub has announced TQC Ltd have been awarded a grant from the organisation’s Business Investment Fund.

The grant will allow investment into developing their existing mechanical and electrical CAD systems including the purchase of software and hardware.

The Business Investment Fund enables the D2N2 Growth Hub to issue grants of between £3,500 and £20,000, which can contribute up to a maximum of 35% of an eligible project’s costs.

The scheme is open to small and medium-sized businesses across the region who are looking to make a step-change in their business with projects that will improve productivity, efficiency, or result in job creation.

These may include:

  • Digital developments
  • Specialist consultancy such as leadership and management
  • Equipment purchases

TQC Ltd will use their grant to help migrate their existing CAD data and will also allow the commissioning of a service provider to install the new systems and ensure all current and past project data is retained.

This will enable TQC to have better control of costs and thus grow their market share.

TQC’s Sales Director Mark Jones said: “TQC is really excited about the grant assistance that the D2N2 ERDF has given. In the new work reality of remote working, this project will extend our capability to supply hi-tech machines whilst enabling safe working for our staff.”

European Regional Development Fund

D2N2 Growth Hub

The D2N2 Growth Hub Business Investment Fund Grant programme offers funded grants for Digital Technology, Specialist Consultancy and Equipment, which is part-funded by the European Regional Development Fund (ERDF).

The D2N2 Growth Hub, set up to boost competitiveness amongst SMEs in the Derbyshire and Nottinghamshire region, is part-funded by the European Regional Development Fund (ERDF) via D2N2.

As part of its remit, the organisation offers support to start-ups, growing businesses, and companies who are ready to scale up their operations.

The D2N2 Growth Hub has access to a variety of funding solutions for businesses and their business advisers will help guide SMEs to the best meet the needs of their business.

Interested applicants for the BIF should see the how to apply section of the D2N2 Growth Hub website.

Keep up to date with all the latest news from D2N2 by signing up for our Newsletter.

Latest News & Events

22 September 2023

D2N2 leads highly successful launch of East Midlands Hydrogen

Read Article

21 September 2023

D2N2 CEO Will Morlidge shares his thoughts on East Midlands Hydrogen

Read Article

19 September 2023

Spotlight on our D2N2 Enterprise Advisers: meet Anna Smith, Enterprise Adviser, Da Vinci Academy, Derby

Read Article

14 September 2023

Spotlight on our D2N2 Enterprise Advisers: meet Amanda Stevenson-Bate, Enterprise Adviser, Derby Moor Spencer Academy, Derby

Read Article

07 September 2023

D2N2 Cornerstone Employers discuss the Social Value Act and the importance of supporting local schools in new film

Read Article

06 September 2023

Former ‘Megawatt Valley’ to metamorphose into hydrogen heartland with the launch of East Midlands Hydrogen – the UK’s largest inland hydrogen cluster

Read Article

05 September 2023

Derby Museums publishes report revealing the impressive social impact of the Museum of Making capital project

Read Article

31 August 2023

D2N2 is seeking delivery partners for Wave 5 of Skills Bootcamps in Digital and Green Skills

Read Article

22 August 2023

D2N2 Skills Bootcamps provider Althaus Digital rated Outstanding by Ofsted

Read Article

11 August 2023

D2N2 search for service provider to establish an Early Stage Angel Investment Fund

Read Article

Get in touch.

Subscribe to get our latest updates.

Sign up
Address

D2N2 Local Enterprise Partnership
8 Experian Way
Nottingham
Nottinghamshire
NG2 1EP

Social

Our Partners