Business Support

Grants and Funding

Harborough District Apprenticeship Grants

Grants of up to £750 are being made available by the Harborough District Council to promote apprenticeships and what they can offer businesses.

Business Growth Grant

If your business needs finance to expand, the Business Growth Grant is now available. This grant, provided by the Business Gateway Growth Hub, is available to existing small and medium-sized enterprises (SMEs) based in Leicester and Leicestershire. Grants from £2,000 up to £25,000* are available providing 35% towards the cost of capital projects (e.g. new machinery, tools, premises improvement or expansion, computer hardware).

Digital Growth Programme

The Digital Growth Programme grant scheme provides financial support with the introduction of new systems and software to improve business performance and productivity. Grants from £2,100 to £42,000 are available.

Gigabit Broadband Voucher Scheme

The £67m scheme is a government led initiative intended to help create a full fibre Britain. It is primarily aimed at SMEs who can claim up to £2,500 against the cost of the connection to a gigabit (1Gbps) broadband network either individually of as part of a group project. Download voucher scheme details [PDF]

Invest to Grow

The University of Derby's Invest to Grow programme provides grants and loans of between £15,000 and £250,000 to support private-sector businesses across the East Midlands to innovate, grow and create jobs.

LLEP Growing Places Fund

The Government’s £730 million Growing Places Fund loan scheme supports key infrastructure projects designed to unlock wider economic growth, create jobs and build houses.

Innovate UK

Innovate UK aims to accelerate growth by stimulating and supporting business-led innovation. Grant funding competitions are open which can help you develop an idea and make it successful.

Industrial Strategy Challenge Fund: for research and innovation

The Industrial Strategy Challenge Fund aims to bring together the UK’s world-leading research with business to meet the major industrial and societal challenges of our time. This is part of government’s £4.7 billion investment in R&D over 4 years.

Midlands Engine Investment Fund (MEIF)

The Midlands Engine Investment Fund aims to transform the finance landscape for smaller businesses in the Midlands and to realise the region’s potential to achieve economic growth through enterprise.

The main contacts for the four MEIF funds are:

Enterprise Loans East Midlands – MEIF Small Business Loans fund

Victoria Copestake, Business Development Manager – vcopestake@first-enterrprise.co.uk

Maven Capital Partners – MEIF Debt fund

Jonathan Lowe, Investment Director – Jonathan.Lowe@mavencp.com

Mercia Fund Managers – MEIF Early Stage Equity fund

Sandy Reid, Investment Manager – Sandy.Reid@merciatech.co.uk

Foresight Group – MEIF Equity fund

Ray Harris, Fund Principal – RHarris@ForesightGroup.eu

Manufacturing Growth Programme

This funded growth programme can provide free advice, support and help to source potential grants to help manufacturing businesses grow.

RDPE Growth Programme

Grant funding for projects in England which create jobs and growth in the rural economy

 

Search for more available grants or contact the team for further advice.