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Get cash for business growth - Invest4 grant scheme reopens on 1 August 2022!

21 July 2022 9:49 AM | Anonymous
Get cash for business growth - Invest4 grant scheme reopens on 1 August 2022!

Applications for Invest4 grants are opening again on 1 August, so if you're are looking for funding to help their business grow, make sure that you don't miss out! The grants are only available until 3 October 2022 or when the funding phase has been allocated. There's over £160,000 of grant money to be allocated, on a first-come, first-served basis.

To have the best chance of being successful with their grant application, we have our grant workshops to take you through the application process.  Our Invest4 Boot Camps - Fit for Finance and Money Sense help create the supporting documents such as business plan and cashflow forecasts. 

Invest4 grants are awarded by Brighton & Hove City Council through The Business Hothouse programmeGetSet for Growth Coast to Capital can offer support in applying and strengthening grant applications - find out more here

Key Changes to the Invest4 grants

  • The maximum grant available to each business is £6,000
  • Grants will be a maximum of 30% of your growth project - lower intervention rates are acceptable
  • Applicants need to fund the additional 70% (match funding) of the growth project
  • The deadline for applications is 9am on 3 October 2022 (if grant funds remain) 
  • Projects are limited to one supplier only, but may contain a maximum of five item lines each with a minimum value of £100
  • All growth projects who receive an Invest4 grant must be completed by 9am on 3 January 2023
  • Licensing, consulting and similar long-term services are no longer eligible for the grants
  • Any machinery purchased using the grants must be in situ by 31 December 2022
  • Applications need to be submitted via Docusign

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