There are a number of locally and nationally available grants programmes that can support your business growth.

Get in touch today for help working out which finance option is best for you. Call 0116 366 8487, email bizgateway@llep.org.uk, or complete our enquiry form and we’ll be in touch as soon as we can.

 

LOCAL GRANTS

Architectural Feature Lighting Scheme – Leicester City: Leicester City Council are offering grants of up to £30,000, to owners and occupiers of Leicester buildings of architectural merit, who wish to install architectural feature lighting to improve our city.

Discretionary Rate Relief Grants: Grants up to £150000 over 3 years to support fast-growing businesses in the city to help them expand to larger premises and to help attract inward investment.

Discretionary Business Rates Relief – Hinckley & Bosworth: This new scheme looks to award up to 50% discretionary relief for the first two years of trading to new or expanding businesses that meet certain criteria in the Hinckley and Bosworth Borough

Harborough District Apprenticeship Grants: Employers with less than 150 employees can apply for an additional grant of up to £750.00 when taking on a new apprentice from Harborough District.

Key Fund for Social & Community Businesses: offering grants, loans and equity from £5,000 to £150,000 to organisations in the East Midlands who have social and community aims and have been refused funding from elsewhere.

LLEP Open Call: The LLEP has been granted up to £10m over the next two years to support projects to drive productivity and help grow the Leicester and Leicestershire economy.  There are 3 grant funds available.

Shop front improvement grant: Leicester City Council are offering grants of up to £5,000 to encourage independent retail businesses to improve their shop fronts. Businesses must match 50 per cent of the grant offered.

Sustainable Travel Grants – Leicester & Leicestershire: Businesses can apply for funding of up to 50% of the project costs up to a maximum of £5,000.

 

LOCAL EUROPEAN GRANTS – European Structural Investment Fund (ESIF 2014-2020)

Please Note: ESIF grants eligibility criteria means businesses must be trading already on a business to business basis (Not business to consumer), must employ less than 250 employees, have a turnover not exceeding 50m Euros, not be more than 25% owned by another company and be based in Leicester or Leicestershire.  Some sector exclusions also apply.

For further information about the local ESIF strategy visit www.llep.org.uk/strategies-and-plans/esif/

Business support schemes and grant funding under this programme include:

Collaborate: Growing Business Together: Grants from £5,000 up to £25,000 providing 33% towards the cost of capital projects (e.g. new machinery, tools, premises improvement or expansion, computer hardware). Collaborate also offers 12 hours of free business support and sector-specific workshops.The Collaborate ERDF grant fund has been very popular with significant demand being received. As a result we will no longer be accepting any new applications, however if you wish to be put on a waiting list to be considered should any future funding be available, please ask your adviser to refer your details to the collaborate grant team or email us directly via collaborategrant@leicester.gov.uk

Digital Growth Programme: Technology Grant Fund offering from £2,000 to £16,000 at 40% intervention rate towards the total project cost and support for businesses in the effective use of digital technology solutions. 

Exploring Enterprises: Fully funded support for 18-30 year olds who want to explore setting up their own business. Support includes workshops, one-to-one support, a £250 market test grant and access to low interest start up loans up to £5000.

Leicester Innovation Hub: Innovation vouchers up to £4,000 are available to use with the University of Leicester for businesses interested in developing new products, services and processes.

Medilink soLSTICE (Leics): Smart Life Science Technology Innovation & Commercialisation Enabler offers high quality innovation support to businesses in or transitioning to the life sciences sector.  Minimum £1,000 up to £20,000 grant funding is available at 30% intervention towards total project costs.  Expertise and connection to networks will be available through this programme.

Productivity And Capability Enhancement (PACE): The project offers capital grant funding up to £20,000 and revenue grant funding up to £5,000, providing 38% towards project costs.  The funding will assist SMEs to increase their capabilities, productivity and competitiveness and implement new products, processes and service improvements.

Smart Innovation & Network Growth (SING): Support for SME’s to work with research institutes and accelerate the development and implementation of existing and new products, processes and services. Capital grant funding and revenue grant funding providing 43% towards project costs.

Non grant ERDF business support can also be found at manufacturing growth programme  and midlands engine investment fund

RURAL GRANTS

East Leicestershire LEADER Grants of £7.5K to £75K for East Leicestershire rural businesses who are developing a thriving short-stay destination for people interested in: fine food and drink, culture and heritage, field and outdoor pursuits or are a home-based business or micro enterprise with confidence to grow.

North Warwickshire, Hinckley & Bosworth LEADER – Grants of £2.5K to £50K for local businesses, groups or organisations to help them carry out projects which create jobs, help businesses to grow and which benefit the rural economy. 

Prince’s Countryside Fund – provides more than £1m in grants each year to projects across the UK. Grants of up to £50,000 are available for innovative projects that will provide a lasting legacy to the individuals and communities they seek to benefit.

 

NATIONAL GRANTS

Architectural Heritage Fund: Grants up to £25,000 are available for any work that is essential for taking a project forward towards the goal of revitalising an historic building

Electric Vehicle Grants – businesses can apply for up to £4,500 towards the cost of an electric car and up to £8,000 towards the cost of an electric van (max weight 3.5 tons)

Fit For Nuclear: Grants up to £10,000 match funding to help manufacturing companies in England get ready to bid for work in the civil nuclear supply chain.

Government Customs Declarations Grants: 2 grants available to help your business complete customs declarations, in preparation for the UK leaving the EU, in training and IT improvements

Heritage Lottery Fund: a range of funding grants from £3,000 to £5m to support not for profit organisations with heritage projects across the UK

Horizon 2020: A EU grant programme for collaborative research and innovation projects between different EU countries

Innovate UK: A national programme of grant funding competitions to support R&D and innovation in small businesses

Textile and Fashion Children’s Trust:  gives financial support to families who work or recently worked in the UK fashion and textile industry. Grants start at £250 and can provide practical help during a tough financial spot.

The Carbon Trust Green Business Fund: offering funded energy assessments to SME’s to help them identify energy saving opportunities. A grant fund is also available offering 15% or up to £10,000 towards the cost of buying energy saving equipment.

 

Business support and grant funding schemes open and close regularly. The above list is not exhaustive.  To find out what support is available and keep up to date with developments please: