Finance for Growth (Free)

What is the business support?

If you need help to understand the options available to fund your planned growth, decide on the most appropriate type of funding or find the right funding provider, we can help.

Our specialist advisers can also help you present the best funding application possible to get the right documentation in place to apply for growth funding, improving your chances of success.

What is the grant available for?

If you can demonstrate your investment will create new jobs or significantly increase your turnover, you may be able to access a grant to part fund your project. Grants rannge from £1,000 to £10,000 and can contribute between 30% and 50% of your overall project value.

Capital or Revenue or both?

Both revenue and capital grants are available.

Percentage of Project Cost

Between 30 and 50% of the project costs can be claimed.

Eligibility Criteria

To qualify, the business must be an SME based in Greater Lincolnshire. The business must be working with a Business Lincolnshire Adviser and have a growth plan in place. There are additional restrictions around certain sectors of business which the Adviser can confirm with the business.

Delivery targets and required outcomes

Job creation projects are required.

Grant amounts available

Between £1,000 and £10,000.

Who provides the grant?

The grant is part funded through the European Regional Development Fund

Contact Information:

Russell Copley

Telephone numbers:
01332 608243