Community grants available to help transform lives across North Northants in 2023

SEMLEP Grant Funding Announced

Two new grants have been announced by SEMLEP Growth Hub today for businesses in the South East Midlands area.

The Growing Innovation Capital Grant scheme is open to enterprises to support their innovation ambitions.

This grant is designed to help realise the area’s strategic economic aims, notably to strengthen innovation, support decarbonisation and assist with the commercialisation of ideas.  Enterprises successful in their application will have capital projects that support these aims.

Grant allocations through the Growing Innovation scheme will be between £100,000 and £300,000.

You can find out more by visiting here.

SEMLEP has also launched a capital investment grant scheme for SMEs. The Resilience and Innovation Grant will provide support to enterprises based in the SEMLEP area who are looking to invest in their business leading to growth and to strengthen their business performance and resilience to respond to cost-of-living challenges.

The total Resilience and Innovation grant fund allocation is £1.9million. The maximum grant intervention through the programme will be up to 50% of eligible capital from £5,000 up to a maximum of £50,000.

You can find out more by visiting here.

 

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