Backing Local Entrepreneurs: New Grants Now Open

About

The North Lincolnshire Council is offering grants to support local small and medium enterprises (SMEs) that have been operating for over 12 months, focusing on projects that enhance competitiveness through new technology, equipment upgrades, and energy-saving initiatives, with funding available on a first-come, first-served basis.

Benefits

• Receive non-repayable funding support
• Help businesses upgrade equipment, introduce new technology, improve productivity, and reduce energy consumption
• Promote local employment and economic development

Eligibility Criteria

• Must be a small or medium enterprise operating in North Lincolnshire for over 12 months
• Project must be able to start immediately and submit cost applications
• Projects include purchasing new equipment, introducing new technology, diversifying products or services, and energy-saving measures
• Minimum project cost £5,000 (grant £2,500, business contribution £2,500)
• Maximum project cost £10,000 (grant £5,000, business contribution £5,000)
• Projects must be completed and applications submitted within 30 working days of receiving grant notification