Catalysing Better Business
Catalysing Better Business

Catalysing Growth

Catalysing Growth was a ground breaking ERDF project which successfully matched a number of programmes funded by the Government’s Regional Growth Fund, to draw down additional ERDF funds to support companies that want to invest in new jobs and business growth but were constrained from doing so by a shortage of investment finance.

The Catalysing Growth programme was a partnership initiative led by EMB encompassing the following partners:

  • Leicester and Leicestershire Enterprise Partnership (LLEP) SME Growth Fund;

Each of the above partners was awarded RGF funding to support businesses in their respective areas in order to stimulate growth. The additional ERDF funding extended the amount of grant funding available through the RGF Programmes, enabling the sponsoring organisation to provide more intensive support and/or support a greater number of businesses wishing to invest in innovation and growth and create new jobs. Grants ranged from £25,000 to £500,000 and contributed up to a maximum of 30% of the total project value.

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