Derby City Business Grants

Need help in funding your start-up, growth or innovation plans?

Did you know that, as a Derby business, you may be eligible for a start-up or innovation and growth grant, as well as free specialist training and consultancy? It all comes courtesy of the Derby Accelerator project.

Whatever stage your business is at, there’s funding and support to suit.

• Start-Up Grants of up to £2,499 at an intervention rate of 100% for pre-starts that require funds to launch or develop their new business. The grant can fund revenue items such as website development, marketing support and collateral, brand identity, IT and office equipment.
• Business Growth and Innovation Grants: revenue and capital grants of between £2,500 and £20,000 at an intervention rate of 50% to fund business innovation and growth opportunities linked to the creation of jobs, new to the firm's technology or processes, access to new markets or decarbonisation. Projects must create or safeguard at least one new FTE job.
• Business Growth & Innovation Wage Subsidy: 50% of costs up to a maximum of £20,000 to cover the costs of a new employee up to and including 31st December 2024.
• High Street Capital Grant: businesses on the high street looking to fund the cost of shop and business frontage improvements may be eligible to apply for a grant of up to £2,499 at an intervention rate of 100%. Projects must create or safeguard at least one new FTE job.
• Growth vouchers which are 100% funded and provide up to six hours of support for specialist consultancy and training. It means your business can tap into much-needed expertise to help deliver your strategic plans, whether that be adapting your website to fulfil online sales or attracting new customers through better social media engagement.

To check if your business qualifies, please complete the Derby Accelerator Expression of Interest form and a Chamber business adviser will be in touch.

This project is funded by the UK Government through the UK Shared Prosperity Fund (UKSPF) and East Midlands Chamber. It is worth £1.6m and is being delivered by the Chamber and managed by Derby City Council.

If you would like to know more about the support available from D2N2 Growth Hub, please complete the form below.