Selected Finance for Investment in England (SFIE) grants are available to new and existing businesses looking to invest in capital equipment to expand and modernise facilities, increase productivity and safeguard and create skilled jobs. Projects can involve capital expenditure on fixed assets such as land and property, plant and machinery.
All grants are awarded on a discretionary basis and the level of potential assistance depends on company size, location, eligible project expenditure, number of skilled jobs created or safeguarded and project quality.
For information on the locations eligible for the grants in Kent and Medway, please see the strategic developments map. Companies of any size investing in Thanet and parts of Dover (shaded green on map) may apply for a Tier 2 grant. Grants of up to 15% of eligible capital costs are available, plus a discretionary supplement of 10% for medium businesses and 20% for small businesses.
Small or medium-sized businesses can apply for a
Tier 3 grant in areas shaded pink on map. Financial assistance of up to 15% of project costs is available to small businesses and up to 7.5% is on offer for
medium-sized businesses.
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Cheriton Park, Folkestone
For further information on grants, visit www.locateinkent.com/grants or for free advice and support from experienced grant advisors, from enquiry through to application and completion, call Locate in Kent on 01732 520700. |
