HEY LEP (Hull & East Yorkshire Local Enterprise Partnership) is holding a Growing Places Programme Fund. It is a £3.25m business investment scheme aiming to provide capital grants and loans to SME businesses in Hull & East Yorkshire to support and incentivise business growth, investment, and job creation.
The Growing Places Fund supports businesses from a wide range of sectors, who are continuing to underpin a vibrant local economy in both the Hull & East Yorkshire Regions and are looking for grants and/or loans for capital expenditure, that are able to demonstrate the viability and may, in turn, contribute to the wider clean growth and carbon reduction targets of Hull & East Yorkshire.
There are two types of Funding available, which are grants and loans. Applicants may apply for either a grant or a loan.
Grants of between £5,000 and £250,000 and/or loans of between £75,000 and typically up to £250,000 are available to eligible organisations.
Grants below the minimum threshold may be considered an exceptional case. Grants in excess of the maximum threshold will not be considered, although loans may be.
Applicants may apply for either a grant or a loan. Large enterprises and those delivering projects with expected quick payback from e.g., installation of renewable/energy-efficient technologies will in most cases be offered a loan in preference to a grant.
How To Apply For A Grant
Businesses should submit an Expression of Interest (EOI) if they wish to be considered for funding. Please complete the form below and submit it to email@example.com.
Information relating to the current eligibility and application process can be found in the Frequently Asked Questions and the detailed Programme Guidance, below:
How To Apply For A Loan
Businesses should submit an Expression of Interest (EOI) if they wish to be considered for a loan. You may find it helpful to have a look at the Programme Guidance before completing the EOI. Please complete the form below and submit it to firstname.lastname@example.org.
If you do have any queries or require further information please do contact either: 01482 485259 or email@example.com.
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