Grant Funding

Grant Funding – claim while you still can!

How Northamptonshire Growth Hub can help to start or grow your business through Ready2Grow Grant funding.

The Growth Hub offers grant funding for small to medium sized Northamptonshire businesses who wish to start a business or accelerate growth and drive job creation under the Ready2Grow PROJECT. This project is part-funded by the European Regional Development Fund (ERDF) and runs until March 2019.
The funding applies for eligible SME’s who have registered to participate in the Ready2Grow Project and who have undergone a diagnostic with a Business Adviser.
There are 3 types of grants available under the Ready2Grow project:

grants.png

Is your business eligible?

There are a number of eligibility requirements for obtaining Ready2Grow funding. You must be:
A small or medium sized enterprise (less than 250 employees – group structures are taken into account)
Based or trading in Northamptonshire;
Not selling more than 50% of your products directly to consumers;
Not trading in the following sectors:

  • Fishery and aquaculture
  • Agricultural production, processing or marketing
  • Coal, steel and shipbuilding
  • General education
  • Banking and insurance
  • Medical
  • Construction
  • Hotels and accommodation
  • Retail (nb. Retail businesses may apply for revenue finding only.

How can you apply?

First of all you will need to register your interest in the Ready2Grow project by calling the Northamptonshire Growth Hub on 01604 212 696 or emailing R2G@northamptonshiregrowthhub.co.uk

Following an eligibility check, they will invite you to sign up to the project and then a Business Adviser will arrange an in-depth diagnostic to access your business’ stage pf development and growth potential. The adviser will then discuss the best option for your business, which may be attendance at a series of skills-focussed workshops, or a grant application.
Each grant has its own application forms and assessment process. They will be happy to discuss these with you when you have joined the project.