Coast to Capital has launched its 2019-20 Growth Grant Programme. The programme provides grant funding to small and medium sized enterprises (SMEs) and social enterprises in the Coast to Capital area.

The Coast to Capital Growth Grant Programme is designed to stimulate capital investment to help businesses introduce innovation and improve productivity.

 

In last year’s programme a grant of £94,000 was given to Insulated Tools Ltd to help purchase a large capacity injection moulding machine and essential equipment to expand their advanced engineering and manufacturing processes which has allowed them to expand into five continents.

 

Businesses in the Coast to Capital area are encouraged to discuss their growth plans with their local Growth Hub Account Manager and to determine their eligibility. You can be directed to your local Account Manager by calling 01293 305965 or email: growth.hub@coast2capital.org.uk. More details on the programme and eligibility documents can be found on our website.

 

Jonathan Sharrock, Coast to Capital Chief Executive said:

 

“We pride ourselves in helping businesses to reach their goals. In these uncertain times it is crucial that the local community has confidence in their businesses and we are delighted to be able to offer the Growth Grant Programme for the Coast to Capital area to flourish. Previous investments have significantly improved productivity and we encourage businesses who meet the criteria to apply”

 

Mark Wardle, Owner of Insulated Tools Ltd said:

 

“We are proud to manufacture tools in Great Britain. It is fantastic that Coast to Capital have helped us grow and innovate here in the South East, developing home-grown skills for greater growth.

 

It is this integrated vision that Coast to Capital have worked with us to achieve – they saw the potential in our ability to sell our tools all over the world, and it’s becoming a reality!”

 

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