The Humber LEP – Business Loan Fund
The Humber Local Enterprise Partnership’s Business Loan Fund provides loans to businesses to help get stalled development projects off the ground.
It is designed to unlock capital projects that have the potential for job creation and can quickly deliver tangible economic outcomes through providing additional capital investment.
The aim of the loan fund is to support development projects which have a significant economic impact and support sustainable job creation.
The fund is allocated by the Humber LEP’s Investment Panel which comprises private sector business leaders.
TATA Support Fund
Businesses in North Lincolnshire can access a £3m fund set up to support those linked directly or indirectly with the TATA supply chain.
For further information visit: http://www.northlincs.gov.uk/your-council/about-your-council/news/latest-news/3m-support-fund-launched-for-businesses/
Green Port Hull
Green Port Hull has a grants programme to support businesses in the renewable energy, green technology, engineering and low carbon sectors, with investment projects that will increase productivity, skills and employment
Applicants must show that they need financial help for the project to go ahead. The minimum grant available is £10,000 and will be administered by Hull City Council.
The grants can be used for projects to:
· Launch a new business
· Modernise, expand or re-organise an existing business
· Upgrade a business by introducing innovative new technology or processes
· Take a new product from development to production
More details of the funding can be found on the Green Port website -http://greenporthull.co.uk/business-support-investment/grants
European Structural and Investment Funds
The latest calls for European Structural and Investment Funds (ESIF) in the Humber are now open for applications from organisations proposing to deliver projects that meet the call criteria. The funds include funding from European Social Fund (ESF), European Regional Development Fund (ERDF) and European Agricultural Fund for Rural Development (EAFRD).
The live calls are posted on the Government’s website – www.gov.uk/european-structural-investment-funds
More information about the ESIF programme can be found here – European Structural and Investment Funds Strategy
You can find out about other sources of funding on the Growth Hub website – Business Growth Hub
European Maritime Fisheries Fund (EMFF)
The EMFF re-launched its grant programme for businesses operating in the fisheries sector on 18th January 2016.
Applications are welcome for funding related to the processing of fishery and aquaculture products. More details about this funding can be found on the Marine Management Organisation (MMO) website: gov.uk/guidance/apply-for-a-european-fisheries-fund-grant