Businesses must be registered with Companies House or HMRC when an application is submitted and have an active bank account.
Grants of up to 50% of eligible costs are available. The maximum grant will be £10,000.
An additional grant of £5,000 may be available in exceptional circumstances, eg, where a start-up can demonstrate high growth potential after a 6 month period.
Small grants of up to £500 can be applied for with no matched funding required.
Activity that will not be eligible include essential running costs (statutory obligations, utility bills, wages/ salaries, overheads, insurance, tax, basic standard IT, stock/ consumables), feasibility studies/ planning applications, professional fees, training that is a statutory requirement, radio/ vehicle/ newspaper advertising and vehicles and other mobile infrastructure.
Industries not covered: Accommodation/B&B/ Air BnB
No retrospective claims for items paid before project commencement will be considered. The business will be required to pay the supplier for the full cost of the project before claiming the grant element. Therefore, funds must be in place to cover these costs prior to submitting the application.
The Vision Derbyshire website provides details of variations to the scheme in individual areas. Find out more here or email business@derbyshire.gov.uk for more information.
If you would like to know more about the support available from D2N2 Growth Hub, please complete the form below.
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East Midlands Chamber (Derbyshire, Nottinghamshire, Leicester)
East Midlands Manufacturing Network
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