D2N2 Capital Growth Fund
The D2N2 Capital Growth Fund offers capital grant support to small and medium-sized enterprises investing in the Derby, Derbyshire, Nottingham & Nottinghamshire areas, with grant funding of between £1,500 and £10,000 available up to a maximum of 30% of eligible project costs.
Key features of the Fund:
- Will cover capital costs – for example machinery, equipment, IT hardware but cannot support vehicle purchases.
- Will not cover revenue costs such as wages, rent, marketing or general running costs.
- Businesses must be able to demonstrate that they are already trading and have the potential to create a minimum of one new job as a result of their investment project
- Projects are expected to start within 3 months and be completed within 6 months of application.
- Expenditure with any one supplier cannot exceed £24,999.
More details on the Fund can be found in the Guidance Notes.
Please note that if funding is limited, priority will be given to businesses that have not already accessed one of the following programmes:
- D2N2 Capital Growth Fund
- D2 Enterprise Growth Fund (D2EGF);
- Invest to Grow (University of Derby)
- N2 Business Growth Fund (University of Nottingham)
To register an interest and apply for grant funding via the Capital Growth Fund Programme, please send an email to cgfteam@emb-group.co.uk, with details of your contact name, business name, and post code.