The Equity Growth Fund is a scheme backed by UK Steel Enterprise and by Government through the Regional Growth Fund. It has been established to provide up to £1m of investment capital to growing companies which are able to create jobs.
The fund is available to businesses based in the following areas of England: Tees Valley, Derwentside, West Cumbria, South Yorkshire, Chesterfield, Worksop, Humberside, The Black Country, Stoke-on-Trent and Corby.
Eligibility and Key Points
All projects must be able to demonstrate job creation.
Funding can be used for almost any purpose as long as it is supporting growth
The scheme is backed by UK Steel Enterprise and by Government through the Regional Growth Fund
It is a £6m fund investing until the end of November 2017
In addition to the many benefits of accessing investment finance from UKSE, the Equity Growth Fund also offers:
Higher levels of support – up to £1m for established businesses
Larger amounts of our funding in shares
More projects able to be supported
Early stage projects will be considered
Discounted interest rates
If you would like to know more, please visit the website.