The University of Derby are running a programme called ‘Invest to Grow’ which provides grants and loans of between £15,000 and £250,000 to support private-sector businesses across the East Midlands to innovate, grow and create jobs.
Funding is available for projects that will create new jobs and where these jobs can be sustained for a minimum of three years for smaller businesses or five years for large organisations. In particular, projects are welcomed that create higher-skilled jobs.
The minimum award size is £15,000, for which the minimum project cost must be £50,000.
The maximum award size is £250,000 although higher awards can be considered for projects which offer exceptional value for money.
For more information on this project, please visit the Access to Funding page on Derby University’s website here.