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.
Quick Fact Checker
- 1What'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.
- 2What'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.
- 3How 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.
- 4Find out more
Please click the button below to book an appointment to check your eligibility
