Grant for Business Investment and other BIS Support Schemes

The Grant for Business Investment is a discretionary grant scheme and normally takes the form of a grant or occasionally a loan. Applicants must demonstrate that a grant is necessary to enable the project to go ahead as planned and should involve expenditure on fixed assets, such as property, plant and machinery. It is intended that the majority of support should be focused on high-quality, innovative, knowledge-based projects that provide skilled jobs. In each case the amount and terms of assistance will be negotiated as the minimum necessary for the proposed project to go ahead. There is a minimum threshold for applications of £10,000 grant. The guidelines for the GBI scheme and contact details can be downloaded by clicking the GBI Guidelines file below.

In addition to the GBI, the Department of Business, Innovation and Skills (BIS) has a range of advice and funding schemes to support businesses, some of which are location dependent. Business Link provides access to these schemes and can be contacted by telephone on 0800 10 40 10, or by accessing their website using the link below.

A summary of the schemes available can be accessed via the BIS Schemes Summary file below. More details on BIS schemes can be found on the Regional Investment website using the link below.

Grant for Business Investment is part of the Solutions for Business portfolio of publicly funded business support.