Northamptonshire County Council, the University of Northampton and the Northamptonshire Growth Hub have today launched a new round of funding under the Ready2Grow project.
The Major Growth Investment Grant (MGIG) is part of the Ready2Grow business support project which is part-funded by the European Regional Development Fund.
MGIG offers grants from £10,000 to £25,000 to small and medium sized enterprises (SMEs) enabling investment in the business to stimulate business development, growth and to create new jobs.
Who it’s for?
The project is open to anyone who wants to start or grow an SME but is focused on those with high-growth potential. There is also targeted support for priority groups including young people, women, and the BME community. You must be based in either Corby, Daventry, East Northamptonshire, Kettering, Northampton, South Northamptonshire or Wellingborough.
Cllr Andre Gonzalez De Savage (profile), Cabinet Member for Strategic Infrastructure, Economic Growth and Public Protection, at Northamptonshire County Council:
“This initiative will use ERDF funding to make sound investments in those small and medium sized enterprises which form the cornerstone of the recovering county economy. We’re seeing some very real progress here in Northamptonshire and I’m confident of our continued success on the journey towards prosperity.”
How to apply?
Applications should be submitted to Helen Strickland at Northamptonshire County Council by 12 noon on Friday, September 29, 2017.
Further details on eligibility and how to apply are available by calling the Northamptonshire Growth Hub on 01604 212696, or on email at R2G@northamptonshiregrowthhub.co.uk.