Discover if your business is eligible for a Business Growth Grant

Posted: Wed, 31 Aug 2022 10:00

Discover if your business is eligible for a Business Growth Grant

The Business Growth Grant is still open for applications. This grant, from the Business Gateway Growth Hub, is available to small and medium-sized businesses based in Leicester and Leicestershire that trade B2B, have been running for over 12 months and want to develop and create jobs.

Grants from £2,000 to £25,000* are available providing 35% towards project costs. The grant could be used for:

  • Implementing new innovative technology products or services that improve business performance.
  • Capital equipment costs i.e., new machinery directly related to the growth of the business or the development of new products/services.
  • Upgrading your capital equipment to move to a more technical/automotive approach, to create low carbon efficiencies or improved productivity.
  • Marketing/promotional activity that clearly demonstrates added benefits to the company (excludes updates to a website).

(Please note these are examples. The eligibility and scope of each individual project will need to be considered.)

To find out more information and discover whether your business is eligible for a grant, click the link attached.

This grant is part-funded by the European Regional Development Fund (ERDF) and run by Leicester City Council in partnership with East Midlands Chamber (Derbyshire, Nottinghamshire, Leicestershire), Leicestershire County Council and the Leicester and Leicestershire Enterprise Partnership Ltd (LLEP).

*Eligibility criteria apply

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