Invest to Grow

The Invest to Grow programme provides loans and grants to support private sector businesses to innovate, grow, adapt and create jobs.  The programme aims to generate economic activity by investing in enterprise growth and to promote the creation of new jobs and the safeguarding of existing positions.

The programme is funded by the repayment of loans awarded to successful applicants.

The maximum award size is £250,000, subject to availability of funding at the time. In most cases, the minimum value is £50,000. 

Loans and grants (or a blend of both) remain available.  The majority of awards are a mix of loan and grant. Applications where the loan amount requested is higher than the grant amount will stand a greater chance of being successful.

The types of projects that Invest to Grow may support include:

• Development or improvement of products and related services
• Expansion or upgrading of business premises, machinery and/or equipment
• Innovation in products, processes and systems that will result in business and supply chain efficiency, growth and profitability

The programme is aimed at a variety of sectors including:

• Advanced Manufacturing
• Clean energy industries/low carbon
• Engineering
• Life Sciences, biomedical and Health
• Construction
• Logistics and supply chain
• Creative and digital industries

Invest to Grow does not support any companies which are business to consumer (B2C) focused, or in the professional services and retail sectors.