High Peak Business Development Grant

High Peak Borough Council has been allocated a further year's funding from the UK Shared Prosperity Fund for 2025/26 under the Supporting Local Business theme to support the development of Small and Medium sized Enterprises (SME).

A total of £110,261 is available in this fund, with £50,261 ringfenced to support rural business development projects.

Grants are available up to £10,000 per applicant/organisation.

Whilst you can apply for capital or revenue items, the expectation is that grants for capital investment will be preferred.

Closing date - 15^th June 2025

The objective of this grant is to support the development of Small and Medium sized Enterprises (SME) through investment in the adoption of new technologies and processes and/or the adoption of new or improved products or services that have the potential to lead to business growth.

Applications will only be considered for projects within the High Peak Local Authority area delivered by High Peak registered businesses between 14^th July 2025 - 31^st January 2026.

Previous recipients of UKSPF/REPF grant awards under the 2022-2025 tranche of funding are eligible to re-apply under this current grant scheme.However, priority will be given to organisations that have not previously received funding from this scheme.

If successful in a grant award applicants will be required to procure the expenditure in compliance with UKSPF procurement guidelines below.

All grant funding will be paid on completion of the project via a claim process. Applicants must ensure that they have the required funds to cover the full costs of the project before applying to the fund.

Claims will need to evidence original quotes/invoices for works to be undertaken, payment to suppliers and evidence of the completed project, associated outcomes.

Applications will be assessed by Council Officers and if eligible approved by the High Peak UK Shared Prosperity Board.

Further information will be required if your application is successful as part of a due diligence exercise followed by a Grant Funding Agreement setting out the terms and conditions and required outcomes.

Please read the full guidance notes before applying.

High Peak Business Development Grant 25-26 - Guidance (PDF, 229 KB)

To apply, Complete the online application form by the closing date of 15^th June 2025

For further information please contact UKSPF@highpeak.gov.uk