The Large Grants Fund is now closed, the deadline for submission of applications was Friday 15th March.
Grant from £5,000 - £20,000. 30% match funding required.
The Large Grants Fund is targeted at SME businesses based within Telford and Wrekin. The fund aims to support:
- business growth
- expansion into new markets
- adoption of new to firm technologies or processes
- improved productivity
- job creation / safeguarding
- businesses to introduce new products or services
It will do this by offering match funded grants of up to £20,000 for capital investment projects as part of a growth plan.
This fund is open to business from B2B and B2C categories, however applications will be prioritised from businesses operating within the following sectors - manufacturing, engineering, digital, professional or other office services, logistics and distribution, wholesale, construction and environmental.
Next Steps
All businesses will be required to go through a three stage application process:
- Stage 1: Expression of interest
- Stage 2: A mandatory discussion with a member of the Invest Telford team
- Stage 3: Full application
All applications will be assessed against pre-defined criteria, we anticipate high volumes and with a limited amount of funds we will not be able to support all projects that are submitted.
We encourage all applicants to work with the Invest Telford team to fully scope out the proposed project to align with fund goals and maximise the chances of success.
The onus is on the applicant to complete the application correctly, provide the necessary information and demonstrate that it meets the requirements of the fund. There will be no appeals process and the ability to provide comprehensive feedback will be limited.
Application timings
Fund document and links
If you have any questions please contact us through the enquiry form here.