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

• 💰Non-repayable Funding
  Receive non-repayable funding support for eligible projects
• 🔧Equipment and Technology Upgrades
  Help businesses upgrade equipment and introduce new technology
• 📈Productivity Improvement
  Improve productivity through enhanced competitiveness and energy-saving measures
• 🌍Economic Development
  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)

Participation Commitments

• Projects must be completed and applications submitted within 30 working days of receiving grant notification

Target Region

North Lincolnshire, UK

Target Sector

Manufacturing, Production, Technology Transformation, Energy Efficiency