Invest to Grow Programme (Partly Free)

What is the grant available for?

The Invest to Grow programme is designed to support private sector businesses with Grant or Loan funding for innovation through research, development and training, and company expansion plans. Establish links with University experts who can provide wider support.

The programme is aimed at growth sectors such as Transport Equipment Manufacturing, Medicine/Bio-science, Construction, Food & Drink Manufacturing, Logistics, Low Carbon, Creative Industries and Visitor Economy.

Capital or Revenue or both?

Both Capital and Revenue

Percentage of Project Cost

Provides up to 30% of project costs in the form of a Grant, Loan or combination of the two. The business has to find at least 70% of the project cost.

Eligibility Criteria

Companies based in the East Midland who want to innovate, grow and create sustainable jobs (that last 3 years).

Grant, Loan or combination of the two - according to the needs of the business.

Delivery targets and required outcomes

Sustainable jobs (that last 3 years).

Grant amounts available

Minimum award size is £15k, so the minimum project cost is likely to be £50k. Maximum award size is £250k although higher awards can be considered for projects which offer exceptional value for money.

Who provides the grant?

The University of Derby provides this support programme through the Regional Growth Fund (RGF)

How to Apply

Contact  01332 597907

Website www.derby.ac.uk/investtogrow

www.derby.ac.uk/business-employers/access-to-funding/  

Email  investtogrow@derby.ac.uk