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.
