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

Contact the LEP

Please contact the LEP for more information about the Growing Places Fund, the application process and the forms.