South Kesteven Business Growth Grant
Grant Details
The South Kesteven Business Growth Grant, funded by the UK Shared Prosperity Fund, will support businesses with the boost they need to drive innovation, create and safeguard local jobs, and unlock new growth opportunities. We welcome applications from eligible businesses across all sectors.
From July through September 30th, applications will be reviewed on a first-come, first-served basis. If funding remains after this period, a new application window will be opened.
What Will the Grant Achieve?
Grants can support capital or revenue investments that help your business:
Grow sustainably
Create or safeguard jobs
Improve productivity
Expand into new markets
Read our FAQ’s to find out more.
How the Grant works
What does a Strong Project Looks Like?
The strongest applications will clearly demonstrate how the grant will lead to business growth, innovation, or impact within the local economy. Please read the FAQs to ensure you understand where and if your project fits with the grant ambitions and read the project examples below.
FAQsProject Examples
Growth in business can take many forms, but for projects to be eligible for this fund, the UK Shared Prosperity Fund identifies measures that you can find in our above FAQS.
Below are sample projects from various sectors that illustrate the types of activities and outcomes supported by the Business Growth Grant. These examples highlight how the grant can drive measurable business growth, a key requirement for funding.
Project ExamplesWho Can Apply?
The South Kesteven Business Growth Grant is open to micro, small, and medium-sized enterprises established in South Kesteven and who have been trading over 12 months. All sectors are welcome to apply, provided the proposed project supports growth and meets the eligibility criteria.
Eligibility Criteria – Initial Filter Questions
These questions are designed to ensure businesses and their projects meet the basic eligibility requirements of the grant before proceeding with a full application. Please check carefully – the questionnaire will determine whether your business or project is eligible for this grant.
• Is your business registered with HMRC or Companies House?
• Has your business been trading for at least 12 months from the date of application?
• Is your business located within the administrative boundaries of South Kesteven District Council?
• Does your business employ fewer than 250 people?
• Is your business’s annual turnover less than £40 million?
• Do you operate from a registered business bank account (not a personal account)?
• Is your project already underway or has it already been paid for?
If you answered no to any question 1 to 6 above your project will not eligible for funding.
• Is your project already underway or has it already been paid for?
If you answered yes to this question your project will not be eligible for funding.
Does your project involve any of the following?
• Purchase of land or buildings
• Purchase of vehicles or mobile infrastructure (e.g. food trucks, trailers)
• Payment of business running costs (e.g. rent, salaries, utilities)
• Paying off existing debts, taxes, or legal obligations
• Replacing old or broken machinery with the same or similar equipment
• Buying stock or inventory
If you answered yes to any of the above, your project will not be eligible for funding.
What to Include in Your Application
1.Clear project summary
2.Planned project start date
3.Detailed cost breakdown with three quotes*
4.Last three months of business bank statements
5.Last three years of financial accounts
6.Current management accounts
7.Projected budget/forecast
8.Evidence of match funding
*In some cases, fewer quotes may be accepted (e.g. specialist suppliers).
Downloadable application form
A downloadable version of the application form can be downloaded here. Please submit your completed form to ian.jones@lincs-chamber.co.uk along with all other required supporting documents. Please be aware that missing information will delay the grant process.
Downloadable application formOur Patrons
