CDI funding from Growth Hub

The Growth Hub has funding available up to £25,000 to purchase equipment or kit to take your research and innovation project forward.

The Growth Hub has funding available to encourage businesses that have the ambition and ability to grow through CD&I, purchase equipment or kit to help progress their CD&I project or help bring a new product to market.

Grants can fund activities that will help your business grow through innovation, but priority will be given to businesses that collaborate and share knowledge with project partners or third-party organisations.

Grant funding requirements:

• Planning to purchase kits or equipment – ​​grants are for capital purchases only
• Provide at least 50% match financing
• Complete the project by December 31, 2024
• The cash flow cost of the project in the form of grants will be requested retroactively.
• Contribute to the principles of good growth.
• Pay all staff the Real Living Wage or commit to paying the Real Living Wage by 31 December 2024

Funding available is limited, so don’t delay. If you have a relevant project in mind for your business, then get in touch with Growth Hub. It has a team of Business Connectors experts who can discuss the project in more detail and get the application moving.

Call the Growth Hub on 01209 708660 weekdays between 10am and 3pm – if they can’t answer, leave a message and you’ll get a call back. For more details click here.

Growth Hub also has free support to help businesses be more innovative, learn more here.