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When looking to fund a proposed plan or idea for your business, it is helpful to know what grant schemes are currently available and suitable for you.

Available Grants:

Innovation Loans - For SME's with game-changing ideas

  • Up to £10 million in loans to help SMEs to commercialise innovative products or services.
  • any area of technology or the economy and must lead to sustainable business growth.
  • The scheme supports projects in the late stage of development.

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TALE (Transport and Logistical Efficiencies)

ERDF-funded project designed for SMEs in the Transport and Logistics sector to make the most of their logistics data to improve profit margins and reduce costs. This includes:

  • Data Analysis
  • 1-2-1 support
  • Funding

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Enterprise Grants

Financial support for social sector organisations looking to become more enterprising

Funding available:

  • Feasibility Grants between £5,000 – £10,000
  • Development Grants around £50,000

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Innovation Loans - Manufacturing & Materials

• For UK businesses that want to scale up and grow through innovation
• £100k to £1m for eligible project costs
• Low interest rate
• Reasonable collateral
• Appropriate covenants

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Utilise Plus Programme

  • Grants – between £1,000 and £5,000 to cover up to 1/3 of the cost of energy efficiency projects.
  • Workshops – half-day, practical sessions explore energy efficiency measures.

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Kent and Medway Business Fund

Kent County Council are offering 0% loans between £50,000 and £500,000 to small and medium sized businesses in Kent and Medway.

This is currently open for pre-application from 25th June 2019.

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Growth Loan in Medway

  • Established businesses only (min. 2 years trading)
  • Up to £10,000 interest free loan
  • If in commercial property, must be paying Business Rates in Medway
  • For More information contact the Kent and Medway Growth Hub on 01233 225447

Start Up Grant in Medway

  • Pre-start businesses only
  • Up to £1,000
  • Must be based in Medway
  • For More information call the Kent and Medway Growth Hub on 01233 225447

Start Up Loan + 12 months Mentoring

  • 18+ years old
  • Pre-start or trading less than 24 months
  • UK-based business
  • Up to £25,000 at 6% p.a. fixed for up to 5 years

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Innovate UK Grant Funding

  • Test new ideas and develop innovative products or services
  • Variety of schemes from £25,000 to £10,000,000

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UKTI Trade show Grant

  • Grant to attend organised overseas trade shows
  • £1,500 to £2,500 match funded
  • Stand and exhibition space costs

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Loans for Not for Profit Social Enterprises & Charities

  • Start-up or existing incorporated organisations
  • Borrow £10,000 – £100,000 up to 5 years
  • Potential of grant assistance
  • Unsecured
  • Flat interest rate of 5% pa

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The Manufacturing Growth Programme Grant Scheme

  • For small to medium sized businesses
  • For manufacturers who are able to demonstrate an intention to grow/improve
  • To support the costs of working with an external expert

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Boost4Health Project

  • Up to €500 travel grant for attending life science events
  • Up to €3,000 for steps towards market entry
  • Up to €5,000 towards product validation activities

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Fredericks Foundation

  • Loans from £2,500 to £35,000
  • Loan terms from 6 months to 5 years
  • Rates from 8% to 14%
  • No early payback penalties
  • Long term flexible rolling loans

All loans are subject to an upfront admin fee that is only payable on success

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EIRA Innovation Vouchers

  • R & D Innovation Vouchers £7,500 – Ai, Biotechnology and Digital Creative
  • 80/20 match funded

For academic experts to provide a business with support for scoping or developing new products, solving problems, carrying out a feasibility study, scoping a new business idea and more.

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EIRA Grant

  • For R&D activity for A.I., Biotechnology and Digital Creative
  • £20 000-£50 000
  • 75/25 match funded grants for:
    * feasibility testing
    * development of a product or service,
    * de-risking a complex innovation
    * diversifying product range
    * enhancing products from prototypes and more.

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Choose your Growth Hub

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