What is the Business Support?
From new staff to expanding overseas, the investment fund is designed to help your business grow and take advantage of new opportunities.
Alongside financial investment, you will have the support of an additional director to help guide and build your business.
Support will vary from project to project, however you will have the support from the Umbrella Brands Group on everything from day-to-day running, leadership support and business planning, alongside financial backing.
What is the grant available for?
The Growth Fund works by Umbrella Brands Group acquiring a percentage shares in your company in return for the investment.
Any eligibility criteria
Your business must have less than 5 staff, be a limited company (or be happy to incorporate). It must also be a digital or ecommerce business based in Lincolnshire or Nottinghamshire.
Applications from pre-launch businesses are welcome, however your business plan should be sufficiently advanced and beyond proof of concept.
What grant amounts are available?
A total of £50,000 is being made available to eligible companies who wish to apply for funding. You may apply for any amount as part of the process.
How to apply for the grant?
In the first instance, you’ll fill out a brief application form with more information about your requirements and current position. If selected to progress, you will be invited to present your case at a meeting with the Umbrella Brands Group.
Please click HERE for more information and to find the application form.
Growth Investment Fund for Local Digital Startups
Venture House, Allenby Business Village, Crofton Road, Lincoln, LN3 4NL
+44 (0)844 334 4469