The CPCA Business Board provide a number of different grant and loan opportunities to support business growth in the region.
The Cambridgeshire & Peterborough Combined Authority Business Board provide a number of different grant and loan opportunities to support business growth in the region.
Business Growth Programme
If you are seeking investment greater than £20,000 but less than £3 million, the Business Growth
Programme is focused on unlocking jobs and accelerating economic growth.
Activities funded through the programme include;
- Facilitating drivers of growth e.g. through loans for businesses to grow
- Construction of new office, specialist space (eg. laboratories) or general
employment space - Infrastructure and access works to unlock commercial or mixed-used
developments - Acceleration of delivery of Cambridge Compass and Alconbury Weald
Enterprise Zones - Site servicing to support the creation of new employment space and new
‘Productivity Zones’
Eastern Agri-Tech Growth Initiative
The Eastern Agri-Tech Growth Initiative is designed to support the development of new and innovative ideas within the Agri-Tech sector. Run by the Cambridgeshire & Peterborough Combined Authority, the Initiative has two main funds that can help support local businesses.
- Agri-Tech Growth Fund Offers grant funding of between £10,000 and £150,000 to support product development and improve agricultural productivity.
- Research, Development & Prototyping FundHelps to support the research and development of new products and processes with grants of between £10,000 and £60,000.
These grants are open to businesses located within Cambridgeshire, Peterborough, Norfolk, Suffolk, Rutland, North Hertfordshire, South Holland, South Kesteven and Uttlesford.
If you would like to know more about the Agri-Tech grants programme, contact Martin Lutman, Programme Manager.
Call for Major Projects
The Business Board would like to invest in projects that have an emphasis on creating new job opportunities through delivery of new employment infrastructure.
The Combined Authority is inviting applications for loan or grant funding, or other proposed models of investment, into major capital projects seeking £3 million and over.
With the £50 million Growth Deal funds available, we expect to deliver at least 10,000
new jobs, which equates to an average investment of £5,000 per job.
Project Proposals should align with the Combined Authority’s 2030 Vision and the recommendations of the Independent Economic Review (CPIER) and with the Mayoral Combined Authority’s priorities and programmes.
If you would like an informal discussion prior to completing an Expression of Interest (EoI)
contact Louisa Simpson, the New Projects Officer.
There are a range of other regional resources to support businesses available: you can see these here.