Invest to Grow Derby

The University of Derby’s Invest to Grow programme provides grants and loans of between £15,000 and £250,000 to support private-sector businesses across the East Midlands to innovate, grow and create jobs.

For your project to qualify for Invest to Grow funding, you will need to demonstrate that it meets the following criteria:

  • It will create new jobs in your company
  • It will increase the scope or scale of your company activity
  • It will improve the company’s performance
  • It has not commenced and will not be achievable in the timescales proposed without Invest to Grow support.

Funding is available for projects that will create new jobs and where these jobs can be sustained for a minimum of three years (five years for large organisations). In particular, projects are welcomed that create higher-skilled jobs (ie require knowledge and skills at or above NVQ level 4).

The types of project that Invest to Grow may support include:

  • Development or improvement of products and related services
  • Expansion or upgrading of business premises, machinery and/or equipment
  • Innovation in products, processes and systems that will result in business and supply chain efficiency, growth and profitability

The programme is aimed at growth sectors including:

  • Manufacturing (eg transport equipment and food & drink)
  • Life sciences
  • Construction
  • Logistics
  • Engineering
  • Technology
  • Creative industries
  • Low carbon

Who can apply?
Small and medium sized enterprises (SME’s), social enterprises as well as sole traders and partnerships located in the East Midlands.

Grants and loans (or a blend of both) are available, however, in the case of grant funding this is now very limited. Therefore, applications for loans will be stand a significantly greater chance of being successful compared to grants.

Further details can be found at Invest to Grow