Business Growth Grant

Supporting Growth for SMEs Across Greater Lincolnshire

Business Lincolnshire Grant for Established Businesses

If your business has been trading for over 12 months, you could be eligible for a £1,000 grant to support growth, productivity, and innovation.

What Can the Grant Support?

Projects must align with UKSPF outcomes and may include:

Growth strategy development
Financial systems improvement
Process and accreditation development
Resource efficiency upgrades
Leadership and management training
Market expansion
Skills development and training
Digitisation (e.g. website enhancements)
New product/service development
R&D and consultancy support
First trade show participation (stand/marketing collateral only)

Grant Details

Fixed grant amount: £1,000
Match funding required:
- SMEs with 10 or fewer employees: 75% intervention rate
- SMEs with more than 10 employees: 50% intervention rate
Minimum item value: £100
Maximum single item value: £5,000 (must be revenue spend)

Business Size	Project Cost	Grant	Business Match
≤10 employees (75%)	£1,333	£1,000	£333
>10 employees (50%)	£2,000	£1,000	£1,000

You’re eligible if:

You’re an SME in the Greater Lincolnshire Combined County Authority area
You’ve been trading for more than 12 months
You’re working with a Business Adviser to complete a business/project review

To qualify, your project should aim to achieve at least one of the following:

Creation of new, permanent, paid full-time equivalent (FTE) jobs that did not exist before the intervention.
Introduction of new products or services to the market that the business has not previously offered.
Adoption of technologies or processes that are new to the business, improving operations or capabilities.
Expansion into new domestic or international markets, including launching new products or conducting market research.

The grant cannot support:

Standard office IT (e.g. laptops, phones)
Ongoing business costs (e.g. rent, rates)
Statutory requirements
Retrospective costs
Travel, accommodation, or entertainment
Salaries, pensions, or staff costs
Political, legal, or financial liabilities

Work with a Business Adviser to complete an Expression of Interest (EOI)
Submit a full online application with quotes
Await grant offer confirmation
Make purchases and submit a claim with evidence
Approved claims are paid in the next fortnightly payment run

Minimum of 2 quotes per item encouraged
Justification required if choosing a non-lowest quote
No purchases via finance agreements
All items must be used exclusively for the project

How to Apply

Work with a Business Adviser to submit an initial online request

Book an Adviser

Testimonial

Theo Richardson, HT Goalkeeping LTD

“Thanks to the support of Claire from Biz Lincolnshire and the Growth Grant, we’ve been able to develop and launch our new glove grip and glove wash lines. Therefore, expanding our product range and enhancing value for our customers. This grant has played a key role in driving our innovation and continued growth as a brand.”

How to find out more?