Invest to Grow
The Invest to Grow is a £16m programme managed by the University of Derby, designed to support private sector businesses, predominantly in the form of loan funding and small percentage of grants, to grow and create jobs.
The Invest to Grow programme provides grants and loans of between £15,000 and £250,000 to support private-sector businesses across the East Midlands to innovate, grow and create jobs. The programme is funded by the repayment of loans awarded to successful applicants.
The minimum award size is £15,000, for which the minimum project cost must be £50,000. The maximum award size is £250,000, subject to availability of funding at the time.
Loans and grants (or a blend of both) are available. The majority of awards are a mix of loan and grant.
The programme is aimed at a variety of sectors including:
- Manufacturing (eg transport equipment and food and drink)
- Life sciences
- Construction
- Logistics
- Engineering
- Technology
- Creative industries
- Low carbon
Invest to Grow does not support any companies which are business to consumer (B2C) focused, or in the professional services, farm-based agriculture and retail sectors.
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