East Cambs Business Growth Funding

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UK shared prosperity and rural England prosperity business grant funding

The programme is open to any existing SME business with a turnover of under £10,000,000 located in the East Cambridgeshire District.

Applicant businesses should have a strong business plan that:

  • demonstrates plans to grow the business 
  • how funding will be used to support this growth 
  • where applicable how funding will support job creation including apprenticeships 
  • how the funding will support the business to respond to market changes 
  • a clear delivery plan for the project that the funding is supporting 
  • how the funding will be of benefit to the wider local economy, for example, supply chains 

Businesses who are not eligible:

  • businesses not based in East Cambridgeshire 
  • businesses that have an annual turnover of more than £10,000,000 
  • businesses that have received grant payments that equal the maximum permitted levels of UK Subsidy Control (all applicants will be required to complete a Minimum Financial Assistance (MFA) declaration as part of their application) 
  • businesses that are in administration, insolvent or when a striking off notice has been made 
  • intermediaries or agents acting on behalf of other businesses 
  • businesses that only exist to operate investment funding and other types of finance 
  • charities (unless applying through a trading arm that meets the above requirements) 

Eligible activities:

To be considered eligible, all projects will be required to deliver at least one or more of the following outcomes:

  • create or safeguard jobs 
  • utilise new technologies or processes within the business 
  • bringing new products to market 
  • demonstrate improvement in business productivity 

In addition, the following criteria apply to expenditure:

Eligible capital spends:

  • purchase of machines and associated tooling 
  • purchase of equipment that enhances productivity including technology and IT equipment (this includes associated software) 
  • renovation/repurpose of buildings and building of new premises (NB planning consent must be in place at the time of the funding application) 

Eligible revenue spends:

  • website redevelopment 
  • training 
  • marketing and promotional campaigns 
  • research 

What the programme cannot support: 

  • payment of expenditure prior to the funding agreement date 
  • paying of debts or refinancing 
  • direct staff costs – salaries, travel or subsistence  
  • general business overheads and costs (for example, rent and rates, utilities) 
  • the cost of any statutory, legislative obligations or other duties or requirements associated with the business 
  • non-bespoke business software 


Applications Open: Monday 1st April 2024

Applications Close: Friday 27th September 2024

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