Monday, March 10, 2025

New business grant scheme set to supercharge North Lincs economy

A new grant scheme will enable businesses to supercharge digital growth and become more sustainable – fuelling the local economy and safeguarding jobs.

The cash is from the first round of the Government’s UK Shared Prosperity Fund, with grants of up to £5,000 available for companies to invest in new technologies or cut their carbon footprint.

The grants were announced by North Lincolnshire Council leader Rob Waltham at a business breakfast held at the Baths Hall, Scunthorpe.

He said: “This Government cash will enable many businesses leaders across North Lincolnshire to future-proof their companies by investing in the technology they need to create and secure jobs.

“Digitalisation is critical – adapting to and harnessing new technologies enables businesses to grow and expand at pace.

“And, or course, we are all working towards a greener, cleaner future so we’ve created another cash pot that businesses can tap into to make the transition that little bit easier.

“Simple things for some small businesses can make a big difference, just replacing light bulbs with LEDs or buying the newest appliances can slash energy bills and reduce carbon emissions.”

The Sustainability Business Grant can be used to invest in energy production infrastructure such as solar panels or biomass boilers and building improvements including insulation and heat pumps.

It can also be used to buy energy efficient products including LED lighting and low energy equipment such as fridges and dishwashers.

The Digital and Marketing Grant is aimed at companies looking to invest in new technology.

This can be everything from cutting-edge hardware and software, upgrading internet connections, buying e-commerce equipment, and paying for marketing campaigns or consultancy costs.

Businesses of all sizes are eligible to apply for the grants, with the minimum award being £500.

Image: Business leaders, including Cllr Waltham (front row) hear details about the new grants

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £27.55 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Advertisment












Latest posts

New Lincolnshire authority meets for first time

Local powers and investment to support business, up-skill people, and improve highways and housing are key priorities of the new Greater Lincolnshire Combined County...

Lincolnshire fire crews set up car washes to raise money for charity

Lincolnshire fire crews are holding charity car washes and other events this spring, to raise money for the Fire Fighters Charity. A number of car...

Bra banks launched in Lincolnshire libraries to support breast cancer research

Bra banks have arrived at Lincolnshire’s libraries to encourage members of the public to donate bras that they no longer need to raise vital...

Daughter takes on marathon to thank rehabilitation ward

A daughter of a committed runner will be lacing up her own running trainers to fundraise for a ward which helped with her dad’s...

North East Lincolnshire Council awarded £400,000 to get active

North East Lincolnshire Council have been awarded over £400,000 to help North East Lincolnshire get more active. Sport England announced the £401,159 grant for North...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close