Gloucestershire businesses can apply for grants of up to £40,000 to help them grow

More than £1 million in funding has been made available to offer SMEs in the Gloucestershire LEP area grants of between £10,000 and £40,000 to cover 35 per cent of the costs of projects that create new jobs and new products and services.

The Scale Up 4 Growth initiative is seeking projects from all sectors that are “well scoped and likely to lead to growth, with a particular interest in projects that involved digital and/or cyber elements”.

Funds from the scheme can be put towards costs, including:

  • External consultancy
  • Third party expertise
  • Training and contractors
  • Materials, machinery and equipment.

The grants cannot be towards PAYE staff costs, however.

For information about how to apply for grant, please visit: http://www.scaleup4growth.co.uk/scale-up-4-growth/4595218021.

The deadline for applications is Wednesday 5 May 2021.