Business Investment for Growth 2 Programme

Fund opened for applications on 1st May 2016

email: big@cornwalldevelopmentcompany.co.uk or call: 01872 322372

The project is receiving up to £3.6M of funding from the ERDF as part of the European Structural and Investment Funds Growth Programme 2014-2020

 

Business Investment for Growth 2 Programme

Purpose

The purpose of the programme is to improve the competitive advantage of high growth Cornish Small & Medium Enterprises (SME's), leading to 360 skilled jobs being created. It is aimed at high value add businesses with a strong track record of performance, operating in national/international growth markets with innovative and competitive products and services.

Investments are between £2500 minimum and £75000 maximum on a match-funded basis and as it is a competitive fund all investment decisions are made by a private sector led panel process.

To find out if you are eligible, please click here

Application stages:

Stage1: Download EOI, complete all information requested and submit to big@cornwalldevelopmentcompany.co.uk

Stage2: Undertake procurement inline with ERDF guidelines (3 'like for like' quotes or open tender dependent on value)

Stage3: Complete 1 or 2 years of financial forecasts (dependent on size of grant requested) to include project costs and additional wage / salary costs from job creation

Stage4: Submit signed and dated Environmental and Equal Opportunities policies, latest bank statement, and most recent financial accounts

* please note grant requests over £15k will require a presentation to our private sector led investment panel

 

 

 

 

 

 

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