Business Investment for Growth
The Business Investment for Growth Programme supports the development of businesses with growth ambitions across Cornwall and the Isles of Scilly by co-financing investment proposals which lead to quality job creation and additional GVA.
Businesses propose a specific project to the programme and if successful, via the application and private sector led panel approval process, will benefit from an ERDF voucher of up to 50% of the cost of the investment.
The amount of ERDF voucher assistance will range from £1,000 up to £50,000 which is the maximum ERDF contribution
The voucher programme will only support investment in “new” rather than “business as usual” activity. Here is a non-exhaustive list of possible investment opportunities eligible for voucher support:
Access to new markets
Market research
E-commerce solutions to support new markets
Digital and e-marketing
Business consultancy
Systems software solutions
Finance
Capital needs assessment
Technology and product design
Patent and IP protection
Prototype development
Manufacturing improvement (post SWMAS advice)
Knowledge transfer/exploitation
Environment
Accreditation
Environmental processes
Environmental audits
Feasibility
Proof of concept
New product development
Diversification
Capital investment
Machinery and other equipment items
Business Innovation Fund
Find out more about the Business Innovation Fund here.