If you are an established business looking to grow, then there may be grants available that can help you to develop your projects.
Find available grants
You can search for available grants using the following websites:
Nottingham Urban Business Support Programme
This programme supports the start-up and growth or development of existing micro, small and medium sized businesses based in Nottingham City, Broxtowe, parts of Gedling, Rushcliffe, and Hucknall in Ashfield. Grants of between £1000 and £2500 are available. This will cover up to 25% of your eligible costs. However, to access this grant, the minimum project spend must be £4000 but once it’s been approved, this grant can be used to purchase services or equipment to help your business expand or diversify. This programme started in April 2022 and closes in March 2026.
Capital Growth Fund
EMB offer grants between £1500 and £10,000 which can cover 30% of eligible project costs. The minimum projects size that will be considered is £5000. This grant can be used for capital purchases, such as machinery, equipment, and IT hardware but you can’t spend more than £24,999 with any single supplier. Applicants must also demonstrate they can create one new job as part of their growth project. This fund closes in June 2023, however, it will likely not be taking any further applications after January 2023.
The Food and Drink Forum - FEAST II
The forum offer grants to small and medium enterprises (SMEs) that operate business to business (B2B), which can cover 25% of agreed capital project costs for production equipment. The minimum project considered is £4000 to a maximum £200,000. You will also receive 12 hours of free technical advice and access to events. This project is due to close around December 2023, however it may close a few months earlier subject to how remaining funds are spent.
- email: Trudi Waldram, Business Manager - Trudi.firstname.lastname@example.org
- website: The Food and Drink Forum
Invest to Grow
The University of Derby’s Invest to Grow programme provides loans and grants to support private sector businesses across the East Midlands to innovate, grow and create new jobs or safeguard existing jobs. Funding can cover 30% of agreed capital project costs, therefore an award of £15,000 would be for a minimum project cost of £50,000. The maximum award is £250,000. This is a regional growth fund (RGF) grant with no closing date given.
Innovate UK Edge
Attracting funding to support innovation is a key priority for fast growing, innovative businesses that ultimately want to scale up. Innovate UK edge can support you to develop your finance and funding strategy and review your applications as a critical friend. They are key part of the UK Innovation Agency’s investment to drive economic growth and work with industry sector specialists that can support all types of businesses across our region.
If you’re a tech entrepreneur, be it aspiring, scaling or late stage, then Tech Nation may be able to help you through their specialised programmes. They offer peer-to-peer learning, access to world class scale-up coaches, and connections that will help you solve your technology business challenges. You will also gain added exposure for your brand. They are very selective when choosing who they will accept into each programme run, however it’s completely free and they can even help you to find tech investors.