The NBV Grant for Enterprise and Grant for New Business

NBV Enterprise Solution’s Grant for Enterprise/Grant for New Business supports the growth or development of existing micro, small and medium-sized businesses based in Leicester City and Leicestershire.

If you can say YES to these:

  • Currently trading
  • You sell business to business or business to consumer (service only NOT retail)
  • You’re a Small to Medium Enterprise (SME)

We could say YES to you!

Once approved, grant funding can be used to purchase services or equipment to help your business expand or diversify.


Grants of between £1000 and £2500 are available. This is for a maximum of 25% of eligible costs. Thus, in order to access the business grant, the minimum project spend is £4000.


You will be required to pay the supplier for the full cost of the project before claiming the grant element. It is, therefore, vital that funds are in place to cover these costs prior to submitting the application.

No retrospective applications will be considered.


Start by completing an expression of interest and submit this to NBV (link below). Basic eligibility checks will be carried out and, if successful at this stage, you will be asked to complete a full application.

Full applications consist of an Application Form with supporting evidence in the form of 3 quotes for items required. NBV staff will help you to complete the application and are on hand to answer questions throughout the application process.

Once submitted, the application will be considered by the Grant Panel who will meet to discuss all applications and decide which businesses to support according to available funds.

N.B. The Business Grant is financed by the European Regional Development Fund (ERDF) and is subject to European Funding regulations.

 For further information:

Expression of Interest:

Call NBV on: 0844 887 2568