High Peak SME Growth and Innovation grant.
The purpose of this grant is to support the creation of new jobs, promotion of knowledge exchange, networking, and collaboration, and increasing private sector investment in growth-enhancing activities.
Currently Closed for New Applications
All applications for the next round of the High Peak SME Growth and Innovation grant funding need to be submitted before midnight on the advised date.
Applications submitted after this time will not be considered in this round of funding.
Overview and Guidance
Research and development grants supporting the development of innovative products and services.
The purpose of this grant is to support the creation of new jobs, promotion of knowledge exchange, networking, and collaboration, and increasing private sector investment in growth-enhancing activities.
Funding may be used to support all areas of business innovation leading to the creation of new products, services, markets, and an increase in employment (new jobs).
Grants between £1000 and £10,000 are available to SME Businesses located within High Peak Borough Council area, who are looking to grow their businesses through innovation.
Grants are available at a maximum of 80% of the total project costs i.e. to achieve a maximum £10,000 grant, project costs would need to be in excess of £12,500 exclusive of VAT.
All grant funding will be paid in arrears via claim process i.e. grant is claimed on completion of all works and evidence of paid invoices.
Grants will be funded from the UK Shared Prosperity Fund.
As part of our wider support for business we have partnered with the East Midlands Chamber and their High Peak Accelerator programme designed to help businesses across the High Peak to start, sustain, grow and innovate through a range of different support. If you require any support with grant applications or would like to find out more about how the Accelerator programme may be able to support your business please complete their enquiry form here.