SEMLEP's Recovery and Resilience Grant scheme reopens

SEMLEP's Recovery and Resilience Grant scheme will re-open for Expressions of Interest submissions today (17 June) until 2 July at 5pm.

The scheme offers match funding to businesses to invest in new technologies, plant equipment, machinery, or premises growth to help businesses create employment opportunities.

The minimum grant amount that can applied for is £5000, and the maximum grant available is £50,000. The grants are designed to build resilience for businesses that have been affected by Covid-19 by supporting investment projects that will create a significant, positive impact on the business's future.

The grants cover a maximum of 50% of the total price of a project and are designed to aid future recovery, and as such, there is a requirement for businesses to plan for jobs to be created as a result. As a guide, businesses are expected to create one job per £10,000 of grant.

You can find out more about the Recovery and Resilience Grant scheme and how to apply at https://www.semlepgrowthhub.com/recovery-and-resilience-grants/.