Having awarded over 150 grants to eligible businesses, Grants4Growth is impacting Greater Lincolnshire, helping businesses increase production and create quality local jobs.
The programme, managed by South Holland District Council as part of the Business Lincolnshire Growth Hub, encourages small and medium sized businesses to invest in their future, providing grant funding to buy the equipment and machinery they need to expand or diversify.
So far over 150 businesses have received a share of the £1.2m that’s been allocated, investing in a whole range of different assets; from CNC machines to Conveyors and Printers to Drones.
Justin Leckie, the Grants4Growth Programme Manager, said: “It’s fantastic to see so many businesses looking to invest and grow across our county. We meet twice a month to review applications and are amazed at the innovation and ambition we see.
“We are bidding to secure more funding, which would allow us to run Grants4Growth for a further three years. But as of today we are down to our last £150k, so I’m urging any businesses that are ready to invest in kit to get in touch with us today.”
When asked about how quickly businesses can expect a decision, Justin told us: “We know how frustrating red tape can be and how businesses need to act quickly if they are to capitalise on opportunities. That’s why we meet every two weeks to review grant applications and commit to turn around decisions within 10 days, that’s from first contact through to grant approval.”