The Invest to Grow programme is designed to support established private sector businesses to innovate, grow and create jobs.
Grants or loans – according to the needs of the business – are available for around 30% of the cost of investment to help create long term sustainable job growth. The business has to find around 70% of the project cost.
Minimum award size is £15k, so the minimum project cost is likely to be £50k. Maximum award size is £1m.
£16m of Regional Growth Fund monies are available to businesses in the East Midlands through this programme.
The programme is aimed at growth sectors such as
- Transport Equipment Manufacturing,
- Food & Drink Manufacturing,
- Low Carbon.
The Invest to Grow programme is now inviting companies to contact the team to find out more: