Invest and Grow Loan Fund

Key facts

  • It is open to all businesses and organisations in Greater Lincolnshire (Lincolnshire, North Lincolnshire and North-East Lincolnshire)
  • Applications from small and medium-sized enterprises are particularly welcome, as are those from the public sector
  • Projects need to be ready to go with all the necessary permissions in place
  • Projects need to demonstrate job creation and economic growth
  • Loans are for capital investment in infrastructure such as building or expanding business premises; measures to unlock land for development such as new access roads; and other infrastructure projects that unlock wider investment, create jobs and result in a range of other benefits
  • Infrastructure must be related to unlocking the development of larger growth sites. As a guide developments should be not less than 25 houses or not less than one hectares or at least 10,000 sq.m. net of commercial space or a combination in a mixed use development
  • Priority will be given to schemes which fall within the GLLEP’s priority sectors, such as manufacturing, agri-food, visitor economy, ports and logistics, care, renewable energy and the Housing Growth Point areas