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.
Both Capital and Revenue
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.
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.
Sustainable jobs (that last 3 years).
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.
The University of Derby provides this support programme through the Regional Growth Fund (RGF)
Contact 01332 597907