Small and medium-sized enterprises in North Lincolnshire can now access new funding designed to drive investment, boost efficiency, and create local jobs.
The latest business grant scheme aims to support companies that have been trading for more than a year, helping them modernise operations and remain competitive in a challenging market. Eligible projects include equipment upgrades, technology adoption, diversification into new products or services, and energy-saving measures such as solar panels or heat pumps.
Grants range from £2,500 to £5,000, and applicants must match the funding on a 50:50 basis. Projects must begin immediately upon approval and be completed within 30 working days. Funding will be distributed on a first-come, first-served basis until all allocations are made.
Cllr Rob Waltham, leader of North Lincolnshire Council, said: “Strong businesses, new jobs and a thriving local economy – these things really matter for residents and communities.
“This fund gives local firms the chance to invest with confidence, modernise their operations and build for the future – these grants are a practical way to give firms the tools they need to succeed.”
A previous round of funding supported Bennett Potatoes in Scawby, which invested £4.5 million in advanced processing and packaging facilities. The grant contributed to the completion of an automated production line, improving product quality, reducing waste, and creating local employment.
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