Signpost 2 Grants are a new grant for capital equipment for local SMEs.
If you are looking to make a capital investment in your business you may be eligible for a grant towards 20% of your project thanks to the new Signpost 2 Grants programme.
Created by the Greater Cambridge Greater Peterborough LEP, Signpost 2 Grants has been designed to support the growth of its local businesses, offering grants of between £2,000 and £20,000 to support capital investment projects.
To apply for the grant you must be:
- Located within the Greater Cambridge Greater Peterborough area (Cambridgeshire, Peterborough, Rutland, West Norfolk, West Suffolk, North Hertfordshire, South Holland, or Uttlesford)
- A micro or SME that employs less than 250 people
- Seeking to make a capital investment in your business, for example by purchasing new equipment or investing in your premises
- Planning to grow and employ more staff in the future. As a guide, for every £10,000 grant awarded we would expect to see at least one new job created.
More information can be found here.