Manufacturing Research & Development Grants

Erewash manufacturing businesses are encouraged to apply for the Council’s new R&D Grant scheme, which is now live. The Grants are designed to support local small and medium enterprises* in developing and piloting new products or services to help improve their businesses.

Erewash based SME in the manufacturing sector can apply for grants of between £5,000 and £20,000 and are required to provide 33% of match-funding for the projects. This Grant funding is a great opportunity to invest in cutting-edge research and the development of highly skilled people needed to support UK manufacturing innovation and boost sustainable growth in Erewash. There will be 2 further rounds of funding in 2024. Dates for these will be posted here in due course.

Please read the Terms and Conditions and Applicant’s Guide before applying.

Applicants Guide (this link takes you to another page)

Terms and Conditions (this link takes you to another page)

Application Form (this is a 83KB Word document)

Project Proposal Template (this is a 45KB Word document)

If you have any questions please contact the Economic Development team: This email address is being protected from spambots. You need JavaScript enabled to view it.

The scheme is being operated by Erewash Borough Council and is funded by the UK Government through the UK Shared Prosperity Fund.

 *An SME is a company with fewer than 250 employees and with a turnover of less than £40m.

 

Invest to Grow: Funding for East Midlands Businesses

To date Invest to Grow has supported over 300 SMEs, awarded funding of over £30m and helped create and safeguard over 2,500 jobs across the East Midlands.

Invest to Grow supports projects focusing on capital expenditure predominantly through a loan scheme but does have some capacity for grant funding.  Project expenditure must be no less than £50k (excluding VAT) and the investment must lead to the creation of new jobs or, in certain circumstances, job safeguarding. Businesses will be expected to match fund a minimum of 70%-80% of the project expenditure. 

Register your interest in Invest to Grow.

 

Other Business Support

Support for new and existing businesses in Erewash is also provided by Erewash Partnership Ltd. Existing businesses and start-ups could additionally benefit from financial assistance and mentoring offered by the D2N2 Growth Hub.