The D2N2 Business Investment Fund is available to support small and medium sized enterprises (SMEs) with projects that will directly improve their productivity, efficiency and/ or job creation. The fund will support projects such as digital developments, specialist consultancy advice and some equipment purchases.
It's important to note that only applications that can clearly demonstrate that investments will lead to a step-change in the activity of the business will be supported. This grant will not support 'new for old' replacements.
Grants of between £3,500 and £20,000 are available and will contribute up to a maximum of 35% of project costs. In some circumstances grants of more than £20,000 can be supported where exceptional outputs can be evidenced but this is at the discretion of the fund managers.
There are a number of alternative funding options available within D2N2 and the D2N2 Growth Hub will work with you to establish which solution best meets your business needs.
Applicants will need to adhere to requirements for a financial assessment, provide quotes for purchases and must defray expenditure before claiming the grant. This grant is available through consultation with an adviser only.
The Business Investment Fund is funded by the European Regional Development Fund.
For further information please contact us on 0333 006 9178 where we can allocate a Business Adviser to discuss your project and provide application details.
18th August 2020 @ 10am until 12.00 and 1pm until 3pm
The Government has announced a support package of £20m specifically aimed at SMEs to help them recover from the effects...Read more
HMRC is encouraging customs intermediaries and traders who make their own declarations to take advantage of the funding now.Read more
Your business is unique but the challenges you’ll face in business aren’t, we can help get you through them.
Our free and impartial support is delivered by experienced and expert business advisers, giving you the right advice at the right time for your business.
Contact us today to access a wealth of support, events, business growth programmes and expert advice.