Our grants are for small and medium sized businesses who will use the funding for capital investment in fit-out and refurbishment of buildings, plant, machinery and equipment, creating permanent jobs in the Leeds City Region.
We also consider applications from larger companies under certain circumstances. Please contact us on BusinessGrowth@the-lep.com to discuss your project.
AM I ELIGIBLE?
In order to receive funding:
- Your project must create permanent new jobs in the Leeds City Region (which covers the local authority areas of Barnsley, Bradford, Calderdale, Craven, Harrogate, Kirklees, Leeds, Selby, Wakefield and York).
- You must have private finance available: either your own, from a bank, or other commercial finance to invest alongside (please note: the minimum total project cost is £50,000 - therefore you must have at least £40,000 of private sector finance to invest).
- For every £1 of LEP funding sought, you must be able to provide at least £4 of private sector investment.
- Projects must support the City Region’s key growth sectors: specifically life sciences and related industries, digital and creative industries, low carbon and environmental industries, manufacturing and financial and business services.
We only consider applications from businesses outside our key growth sectors on an exceptional basis, if they demonstrate significant economic impact and/or significant regeneration benefits for the whole City Region. Please contact us on BusinessGrowth@the-lep.com to discuss your project.