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All grants listed here are limited to SME businesses located in Coventry and Warwickshire, unless indicated. The grants listed as ‘Currently Closed’ could re-open at any time. Contact us for the most up to date information.


Growth Fund – Small Capital Grants

Intervention Rate: Maximum 30% on eligible project costs

Value: £5k – £35k

Key Expenditure Criteria: Capital and limited associated expenditure for growth

Current Status: Open


Specialist Growth Fund

Value: £1k – £5k

Key Expenditure Criteria: Consultancy

Current Status: Currently Closed


COVID-19 Retail and Hospitality Recovery and Investment Fund

Intervention Rate: 100% on eligible project costs

Value: £2k – £7.5k

Key Expenditure Criteria: Capital investment projects brought about by the effects of Covid-19

Current Status: Currently Closed


Survive, Sustain and Grow

Intervention Rate: 100% on eligible project costs

Value: Up to £5k

Key Expenditure Criteria: Fully funded tailored consultancy support, possibly some CapEx

Current Status: £300k available in total


Investment Fund

Intervention Rate: Max 30% Coventry, max 20% Warwickshire on eligible project costs

Value: £1k – £25k

Key Expenditure Criteria: Capital and limited associated expenditure for growth

Current Status: Open


Innovation Programme

Intervention Rate: Max 50% on eligible project costs

Value: Max £50k

Key Expenditure Criteria: Development of innovative new to market products – Revenue 50%, Capital 30%

Current Status: Open


Energy Efficiency Grants

Intervention Rate: Max 40% on eligible project costs

Value: £1k – £50k

Key Expenditure Criteria: Equipment leading to carbon reduction (5Tonne) and costs savings in applicant business

Current Status: Open


Skills4Growth

Intervention Rate: Max 50% on eligible project costs

Value: Estimated £5k

Key Expenditure Criteria: Training leading to a formal qualification

Current Status: Open


Innovation Networks (West Midlands)

Intervention Rate: Max £10k on eligible project costs

Key Expenditure Criteria: Capital and Revenue grants for external expenditure on innovative product/process/service

Current Status: Open


Proof of Concept

Intervention Rate: Max 40% on eligible project costs

Value: £2k – £10k

Key Expenditure Criteria: External PoC expenditure – Consultants and Specialists

Current Status: Open


Focus Digital

Intervention Rate: Max 40% on eligible project costs

Value: Max £6k

Key Expenditure Criteria: Next digital step hardware & software & consultancy

Current Status: Open


Low Carbon Innovation – Revenue Grants

Intervention Rate: Max 40% on eligible project costs

Value: Max £10k

Key Expenditure Criteria: Revenue expenditure related to development of Low Carbon Products and Green services

Current Status: Open


Low Carbon Innovation – Capital Grants

Intervention Rate: Max 40% on eligible project costs

Value: Max £20k

Key Expenditure Criteria: CapEx related to development of Low Carbon Products and Green Services

Current Status: Open


Duplex Fund

Intervention Rate: Grant up to 40% of loan amount on eligible project costs, more or less equivalent to the interest and fees on the loan

Value: £30k – £100k loan

Key Expenditure Criteria: Capital expenditure

Current Status: Open


Smart Grants: January 2020

Intervention Rate: For SMEs 35% – 70% depending on size and stage on eligible project costs

Value: £25k – £3m

Key Expenditure Criteria: For R&D for highly innovative products/processes or services for rapid commercialisation

Current Status: Current round closes 25/11/2020


Various calls for COVID-19 related innovations (currently 25 competitions – Nationwide)

Intervention Rates: for SMES 35% – 70% depending on size and stage

Value: Various up to £3M


Sustainable Innovation – Round 3 (Nationwide)

Key Expenditure Criteria: To help all sectors of the UK to rebuild after the effects of COVID-19

Current Status: Closed on 30th September


Women in Innovation (Nationwide)

Value: Up to £50k

Current Status: Closed 14th October


Manufacturing Growth Programme (Nationwide)

Intervention Rate: Max 35% on eligible project costs

Value: Max £5k

Key Expenditure Criteria: Consultancy/specialist costs to support growth

Current Status: Open


Manufacturing Growth Programme

Intervention Rate: Max 37% on eligible project costs

Value: Max £25k

Key Expenditure Criteria: CapEx – kit, mezz floors etc.

Current Status: Open


Futures Fund

Value: From £125k – £5m

Current Status: Extended until 31st January 2021


Bounce Back Loan

Value: Up to £50k

Current Status: Extended until 31st January 2021


Kickstart

Value: 100% of National Minimum Wage + £1.5k

Key Expenditure Criteria: Minimum 30 jobs but can link together with other applicants

Current Status: Open


Summer Internships 

Intervention Rate: Up to 100% on eligible project costs

Value: Circa £2k

Key Expenditure Criteria: Funds 6 week summer cost of an intern

Current Status: Closed until 2021


Knowledge Transfer Partnerships

Intervention Rate: 50%+ on eligible project costs

Value: Dependent on project value

Key Expenditure Criteria: Academic/Business collaborative project

Current Status: Closes 27th January 2021


Start Up Loan

Value: £500 – £25k

Current Status: Open



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