Grants to help you grow your business
The Business Gateway Grant Scheme has been created to support the growth and development of existing small and medium-sized businesses. These are examples of how you might use the grant:
- New innovative technology products or services that improve your business performance
- Premises improvement or expansion related business development
- New products or services
- Upgrading capital equipment to enable a more technical or automated approach, or to create low carbon emissions.
- Marketing or promotional activity or other revenue costs to help the business grow or create jobs.
- Software development
Grant support eligibility
You need to be:
- An SME in Leicester or Leicestershire with fewer than 250 employees
- Looking to grow, introduce new products, processes or innovate
- Trading for a minimum of 12 months
- Trading business to business
- Looking to create or safeguard jobs
If you meet these criteria you may be eligible for a grant. Contact us today to speak to a Business Adviser about your project on 0116 366 8487 or complete an enquiry form below.
Grant values - what is available?
Grants from £2,000 to £25,000 are available for 35% of the project costs so you need to provide 65% of your own resources.
If you want revenue grants the maximum grant available is £7,500 (or £10,000 in exceptional circumstances).
Projects must have a minimum value of £5,715 for a £2,000 grant and £71,430 for a £25,000 grant.
Only one grant per business will be awarded.
What is the application process?
Registration and Enrolment
Register with the Business Gateway and complete an SME Enrolment form BEFORE applying for a grant
Expression of Interest (EOI)
Complete an EOI with the help of your Business Gateway Adviser
Make a full application
If your project meets eligibility checks you'll be invited to complete a full application form and provide supporting documentation
If all checks are ok, your project will be reviewed at a monthly grant panel and we will let you know the result.
Business Growth Grant leaflet
A downloadable leaflet with details about this grant.
Reactive Components Ltd
Reactive Components provides a product development consultancy service to the composite market. Dr Yves Didier has set up his own laboratory after receiving a £20,000 grant from the Business Gateway.
Football America UK
Whilst there was no American football, or any other sport, being played during lockdowns in 2020/21 Leicestershire-based Football America UK took advantage of this quiet time to make big changes. The business has invested nearly £28,000 in a bid to diversify and expand its current offer. The bold move was facilitated by a business growth grant.
Inspiration for what is believed to be the only moving firework system in the UK came to Rob Sosbe during his toughest time as a business owner. Watching light beams bounce around illuminated buildings in November 2020 has led to the design and build of the innovative ‘i-MOVE’ product. Komodo received a £6,000 grant from the Business Gateway.
Shahtex Leicester is a leading manufacturer of knitted jersey fabric, using circular knitting machines. With a grant from the Business Gateway, they have invested in new computerised machinery that will enable them to develop seamless clothing, requiring minimal stitching works.
Round Corner Brewing
Following support from the Growth Hub, Round Corner Brewing successfully secured a £25,000 Business Growth Grant towards a new in-house canning line.
A Business Growth Grant of £19,000 contributed towards the purchase of two mitre saws capable of cutting carbon fibre and aluminium profiles for KJN Automation.
Translink Express Logistics
Translink Express Logistics is well on its way to becoming a greener business after introducing real-time track and trace service for palletized goods. The business has used a Business Gateway grant to help purchase the hardware, which uses hand-held digital and mobile technology, investing around £24,000 to provide this enhanced service.
A Business Gateway Adviser will support you throughout the process.
Discuss your needs with one of our team to decide your next steps.