BIG Productivity is an ERDF funded programme offering grant gap funding to new and established Cornish SMEs to increase their productivity. The £1.3m grant scheme offers grants from £2,500 – £150,000 at 45% for a small company and up to 35% for a medium company.
The grants can be used towards nearly all types of expenditure (except business as usual activities or salaries) providing it supports the company’s growth and productivity. An applicant must be able to cash flow the project before the grant can be paid.
Additionally, the BIG Productivity programme will also be offering 30 non-financial advisory support opportunities to businesses where informed advice on how to access new markets, identify new product developments and improve their processes will achieve a step change in their productivity and growth.
Projects under £25k only require one quote, whilst projects over £25k will have to go through a tender process and will go to a panel for decision.
A new website will launch in the new year and all applications will go through this. However, if you have any queries about the fund or are interested in applying please email: BIGTeam@cornwalldevelopmentcompany.co.uk.
For further information please contact our Grants Specialist Alison Elvey on 01872 276116 or firstname.lastname@example.org.
Updated 13 January 2019