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Capital grants for SME’s within Greater Lincolnshire

Our friends at South Holland District Council’s Economic Development Service have won a second contract to deliver capital grants for SME’s within Greater Lincolnshire. The scheme can provide grants towards capital items for initiatives and processes that prompt growth, create jobs and improve efficiency.  

Main aims are to provide practical help and financial assistance to reduce costs and increase competitiveness and resilience. Maximum intervention rate is 28% of eligible capital spend. Minimum grant is £1000 up to a potential maximum of £25,000, subject to approval and funding availability. Information is available at http://grants4growth.sholland.gov.uk  The programme plans to run until May 2019 with an average grant aspiration of £7k per application. 

For information on grants and support appropriate for your business growth project just visit the website for your local Growth Hub. The websites have filters to narrow down the support schemes to match the needs of your business and the particular growth project.