Grants for Business Investment Fund

The £8million Grant for Business Investment (GBI) programme supports the start-up, expansion, modernisation and diversification of high growth, innovative, knowledge-base businesses – typically through supporting the acquisition of key assets such as buildings, plant and machinery – thereby creating jobs, increasing business productivity and raising skills levels.

The majority of jobs created within GBI are expected to be at NVQ Level 2 and above and to have salaries in excess of £20,000pa.

The current GBI Programme has already created and safeguarded 303 jobs within Cornwall and the Isles of Scilly. GBI is currently supporting many more local businesses and is set to create and safeguard almost 600 jobs during the lifetime of the Convergence Programme.

Businesses who have been supported by GBI:

Agusta Westland

Calidus Engineering

Clickety Books

Coastal Marine
Cornish Crabbers
Dartmouth Wave Energy
DP Engineering
Engineered Arts Ltd

European Springs and Pressings
Headcast Ltd
Hydramaster Ltd
Insider Knowledge
Keo Energyshare
Kernow Coatings
Metalcraft Cornwall Ltd
Mi-Generation Consultancy Ltd
Mojo Maritime
Nature Paint Ltd

Pendennis Shipyard

Rustler Yachts Ltd

Additional notes:

Grant for Business Investment application process soon to close

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