SEMLEP Resilience and Innovation

SEMLEP Resilience and Innovation

SEMLEP has introduced a capital investment grant scheme aimed at assisting SMEs. This initiative, known as the Resilience and Innovation Grant, is tailored to support businesses located within the SEMLEP area that are actively seeking to invest in their operations, ultimately driving growth. The primary objectives encompass enhancing business performance, fortifying resilience against the challenges posed by the cost of living, fostering heightened levels of innovation, and bolstering sustainability efforts as part of the broader transition towards a net-zero economy.

The total allocation for the Resilience and Innovation Grant fund amounts to £1.9 million. Under this program, eligible businesses can potentially secure a grant equivalent to 50% of their eligible capital investment, with the grant ranging from £5,000 to a maximum of £50,000. This framework provides substantial financial support for SMEs to propel their growth trajectories.

Once the Expression of Interest form is complete, you will be contacted by a SEMLEP Growth Hub business adviser within five working days. If eligible, the business adviser will advise you to proceed to full application.
 
The closing date for the first round of grants closes at 5pm, 15th September 2023.
 
Grants will be allocated on a rolling series, with subsequent rounds reopening for new applications every two months until the funding is fully allocated.
 
For more info speak with one of our advisors!

Quick Fact Checker

  1. 1
    What's the Scheme?

    SEMLEP has introduced a capital investment grant scheme aimed at assisting SMEs. This initiative, known as the Resilience and Innovation Grant, is tailored to support businesses located within the SEMLEP area that are actively seeking to invest in their operations, ultimately driving growth.

  2. 2
    What's in it for me as Business Owner?

    Under this program, eligible businesses can potentially secure a grant equivalent to 50% of their eligible capital investment, with the grant ranging from £5,000 to a maximum of £50,000.

  3. 3
    How do I apply?

    Step 1: Register you business with us and we'll ensure you are kept in the loop with all the latest Government incentives as they are announced.

    Step 2: Once you have registered your business with us you can book your free needs assessment with an Advisor by selecting one of the three durations below, then choose your preferred day and time and we'll do the rest.

  4. 4
    Find out more

    Please click the button below to book an appointment to check your eligibility

    Here.

Book your meeting with me to find out more on SEMLEP Resilience and Innovation.

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