York North Yorkshire and East Riding Local Enterprise Partnership, in partnership with SCY, are pleased to announce the launch of a new £4m fund which will be used to award grants of between £5k and £1m to support business growth and create 400 jobs.
The grants are available for businesses to invest in capital to help them grow with the key objective of creating new jobs. The grants are available on a 20% intervention rate, to be matched with 80% private funding.
The money has been awarded to the LEP and SCY through the government’s Regional Growth Fund. The business grant fund led by the LEP and SCY is one of only 102 projects to receive funding from over 300 proposals in the latest round of funding allocation.
The grants will be administered by SCY and will be available from October this year. In the meantime, if you would like to register your interest.