Liverpool City Region Local Enterprise Partnership (LEP) in conjunction with the City Regions’ Local Authorities are working together to support growing businesses through a £10million investment fund.
The Business Growth Grant is open to existing businesses that have growth potential and a plan to realise it. The fund is designed to help companies to secure investment in their business and improve their competitiveness resulting in business growth and new jobs. Typically the Programme will look to award grants of between £50,000 and £1,000,000.
Who can apply?
The key criteria are:
- The grant can contribute 15%-20% of the total project costs
- Projects should directly result in new jobs created in Liverpool City Region
Most business sectors and activities are eligible for support, but there are some exemptions and you are advised to check prior to applying.
How to apply
If your business has the potential for growth and you think you meet the criteria for the Business Growth Grant you can find detailed guidance and an initial Expression of Interest Form at www.liverpoollep.org or from your Local Authority.