Download 'Funding for Business Growth' factsheet.
D2N2 Digital Growth Programme 2016 -2019
This grant funding scheme aims to support businesses in exploiting their existing technology solutions or with the introduction of new systems and software to assist with the implementation of new digital resources, in order to improve business performance and productivity.
Derbyshire Dales businesses can access the services of both D2N2 and SCR Growth Hubs when looking for support with plans to expand or diversity. A number of programmes are available supporting access to finance, export, skills, new business and innovation and business growth advisors are available to provide one-to-one advice and information.
D2N2 Growth Hub: www.d2n2growthhub.co.uk or T: 0333 006 9178
SCR Growth Hub: www.scrgrowthhub.co.uk or T: 0333 0 00 0039Peak LEADER (part of Rural Development Fund for England)
LEADER is a locally run scheme providing grant support to small and microbusinesses to encourage rural economic growth. Grants are available to businesses and community groups within the eligible area to fund projects that support an increase in farm productivity or diversification, micro and small business growth, rural services, small scale culture and heritage developments, rural tourism and forestry.
Grants size: £2.5k - £35k, but will consider higher. Up to 40% of total project costs.
Derbyshire Economic Partnership: 01629 538475 or Peakleader@derbyshire.gov.uk
Derby Enterprise Growth Fund (DEGF)
Businesses throughout Derbyshire may be eligible for loans or grants from this fund which offers support for growth and job creation. Two strands are available - supply chain innovation (in the transport engineering sectors) and enterprise expansion (for general business expansion and diversification). The fund is managed by Derby City Council on behalf of partners.
Grants size: minimum £15k up to 30% of total project cost.
T: 01332 641628 or E: firstname.lastname@example.org www.derby.gov.uk/business/business-support-advice/degf
NBV Grant for Enterprise (funded by ERDF)
A grant scheme for Derbyshire micro, small and medium sized businesses which only trade business-to-business. Capital and revenue projects are eligible, including the purchase of capital equipment or consultancy services (where they support business expansion or diversification).
Grants size: min £1k and max £2.5k, 25% of eligible costs with minimum project spend £4k.
NBV Grant for New Business
The NBV Grant for New Business supports start-up businesses ready to start business to business. ( NOT Business to Customer/Retail) The business must be registered with Companies House or HMRC. Once approved, grant funding can be used to purchase services or equipment to help launch the new business.
SCR Business Investment Fund
The Sheffield City Region Growth Hub includes a £22m Business Investment Fund to support business growth in the region. Funding is available through the Access to Finance Centre of Expertise, a free service created to help businesses with growth plans.
T: 03330 000039 or Email: email@example.com
SCR Skills Bank
This £17m ‘Skills Bank’ offers specialist advice, support and funding of up to two thirds of the cost of skills training. www.sheffieldcityregionskillsbank.co.uk
D2N2 Invest to Grow
This £16m programme offers grants or loans – according to the needs of the business – towards the cost of a project which will create long term sustainable job growth. It is designed to support established private sector businesses to innovate and grow and the business has to provide around 70% of the project costs.
Grant/loan size: 30% of total project cost. Minimum grant/loan: £15k (minimum project cost £50k)
T: 01332 597907 E: firstname.lastname@example.org www.derby.ac.uk/investtogrow
This programme involving the universities at Derby and Nottingham helps local small and medium sized businesses by stimulating interest and investment in research and innovation. It offers in-depth support in sectors such as manufacturing, engineering, computing and data, aerospace, food and drink and brewing – with access to university expertise and graduate talent. Most support is free. (due to EU funding) www.enablinginnovation.org.uk
A grant funding scheme (from 2.5k up to £80k) for food and drink producers to support business growth and create jobs. Eligible businesses can benefit from technical support, events, business mentoring and technical apprentices as well as grant funding.
Power to Change community business fund
Power to Change, a community enterprise support organisation, can provide grants of between £50,000 and £300,000 to community enterprises in England.
The funding is intended to increase the social impact of community enterprises and support them to increase trading income, secure assets or reduce costs. Any grants awarded must be used for either capital costs (including building, vehicle and equipment costs) or project-specific revenue costswww.thepowertochange.org.uk/funding/grants/community-business-fund/