Grants for equipment to enable innovation in small businesses in York, North Yorkshire and East Riding

Useful links

Support Bodies

How’s Business (York, North Yorkshire and East Riding Region)

www.howsbusiness.org

  • Resource for Yorkshire business owners who need practical suggestions and support
  • Delivered by the York, North Yorkshire and East Riding Local Enterprise Partnership (LEP) 

Growth Service (Leeds City Region)

www.the-lep.com/for-business

  • Single point of contact for tailored SME business support in Leeds City Region
  • Provide grants of between £10,000 and £250,000 to small and medium sized businesses who are based in the Leeds City Region, or planning to invest there.
  • Funding for capital investment in fit-out and refurbishment of buildings, plant, machinery and equipment, creating permanent jobs in the Leeds City Region.

Other Funded Opportunities

Biorenewables Development Centre (BDC)

www.biorenewables.org

  • Funded support for regional SMEs in Yorkshire and Humber
  • Help to commercialise products and processes that help drive the bioeconomy 

Let’s Grow North & East Yorkshire

www.be-group.co.uk/lgney

  • For manufacturing businesses and service sector businesses offering more than a local service
  • Grant support for capital investment projects that will create new, sustainable jobs in North Yorkshire, the City of York and the East Riding of Yorkshire
  • Covers expansion and diversification and is designed to help firms to expand their operations or to set up new establishments in the region
  • Grants of £10,000 to £1,000,000 are available (between 10% to 30% of the eligible project expenditure) 

Manufacturing Growth Programme

www.manufacturinggrowthprogramme.co.uk

  • Supporting SME Manufacturers to grow
  • Providing free advice and support to help:
    • Identify opportunities and create plans for growth and improvement
    • Work with the best external experts to implement those plans
    • Cover up to 35% of the cost of implementing the plans through an improvement grant
    • Connect to wider support to maximise opportunities for growth

Spark Fund

  • Innovation and research support programme available to small and medium sized businesses across North Yorkshire and the Humber region
  • To help local SMEs identify, nurture and embed innovation and grow their business through tailored support
  • Spark Fund is delivered through three strands:
    • Innovation Vouchers – up to £20k
    • Grants for R&D – up to £50k
    • Low Carbon Grants for R&D – up to £50k

Stimulating Innovation in the Agri-Food Sector (SIAFS)

www.agrifoodinnov.com

  • For food and drink businesses in Yorkshire and Humber
  • Free workshops & masterclasses (e.g. marketing, sales skills, exporting)
  • £5k vouchers for use at Fera Science Ltd (no financial contribution)
  • Business Support and Networking

Business Finance

Northern Powerhouse Investment Fund (NPIF)

www.npif.co.uk

  • The British Business Bank have launched a £400M fund to help SME’s. NPIF aims to help businesses that are unable to secure bank funding for the full amount of finance they need. The fund is split 3 ways:
  • Micro Finance £25K - £100K delivered by BEF
  • Debt Finance £100K - £750K delivered by Enterprise Ventures
  • Equity Fund £50K - £2M delivered by Enterprise Ventures