Grants for your business
Suffolk businesses have access to a variety of grant schemes designed to fuel growth, innovation, and sustainability. These grants help businesses procure new equipment, access specialist support, and drive forward innovative projects that enhance productivity and efficiency. By taking advantage of these opportunities, businesses can secure the funding they need to expand while contributing to the local economy.
The Growth Hub
These grants offer Suffolk businesses opportunities to grow and innovate, boosting the local economy. We also run regular workshops which help you with how to complete a successful grant application – click here to register on the next one.
Advisors from the New Anglia Growth Hub provide tailored assistance, helping businesses navigate the application process through workshops and one-on-one support to maximise their chances of success.
West Suffolk businesses can benefit from revenue and capital grants, with a 50% intervention rate. This scheme helps businesses procure new equipment or support services, providing vital funds for growth. Limited funds are available in other Suffolk areas, so businesses are encouraged to check eligibility. Advisors from the Growth Hub offer support through workshops and one-on-one sessions to help with the application process.
Growth Through Innovation Fund
This fund offers grants between £2,500 and £25,000, covering up to 45% of eligible costs. Designed for businesses aiming to innovate, the grant supports projects involving new products, services, or technology adoption. The Growth Hub also runs workshops to guide businesses through the application process.
Business Transition to Net Zero Grant
This grant helps businesses improve sustainability and productivity, with funds ranging from £25,000 to £100,000. Covering up to 20% of project costs, it focuses on projects utilizing clean energy or recycling materials, excluding LED lighting and solar panel installations. Workshops are available to ensure successful applications.