News - 31 October 2014

Invest to Grow

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, 
  • Medicine/Bio-science, 
  • Construction, 
  • Food & Drink Manufacturing, 
  • Logistics, 
  • Low Carbon.

The Invest to Grow programme is now inviting companies to contact the team to find out more:

Contact us:01332 597907www.derby.ac.uk/investtogrowinvesttogrow@derby.ac.uk

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