New Funding Opportunities Available from the Combined Authority

Following the launch of the new Growth Prospectus for the former GCGP LEP area, there is a new small grant scheme that replaces the former ERDF grant scheme that has now expired in the area, plus a loan scheme for larger projects. The Loan scheme will, in exceptional cases, consider grants and investments if appropriate.

 

To summarise, these schemes are;

- Non EU funded

- Available to SME's and larger organisations (subject to State Aid rules)

- Captial only (no revenue funding)

 

1. Grants from £2,000 to £20,000 at 20% of project cost (does not require an Expression of Interest)

2. Loans from £20,000 to £3M, max 50% of project cost (requires an EOI)

3. Major Project Loans over £3M (mainly infrastructure - non transport, Requires an EOI)

4. Agri-Tech, grants for expansion and R&D (no change from previous)

5. Skills Capital Fund (EOI required)

 

To visit the Cambridgeshire and Peterborough Combined Authority website click here

Applications or enquiries to the Growth Hub via growthfunds@This email address is being protected from spambots. You need JavaScript enabled to view it. or 01480 277180