COVID-19 Capital
Grant Scheme

The Capital Grant Scheme provides a flexible capital subsidy to help Registered Limited Companies.

 

What is the COVID-19 Capital Grant Scheme?

In order to apply for this grant, both the applicant and the project must be eligible. Eligible applicants are Small to Medium sized Enterprises (SMEs) in the Cambridge and Peterborough Combined Authority area. An SME is any registered limited company with fewer than 249 employees, a turnover not exceeding 46 Million Euros, and a balance sheet that does not exceed 46 Million Euros.

All funding set out is available across Cambridgeshire and Peterborough Combined Authority area; Cambridge, South Cambs, Huntingdonshire, Peterborough, East Cambs, Fenland and the Business Board (GCGP LEP Area), which consists of; Rutland, Kings Lynn West Norfolk, St Edmundsbury and Forest Heath (West Suffolk), North Hertfordshire, South Kesteven, South Holland and Uttlesford, Essex. This coverage may change subject to the outcome of Government's review of Local Enterprise Partnerships. The Business Board, is the new Local Enterprise Partnership for the Greater Cambridge Greater Peterborough area.

All applicants must be able to produce evidence of income generation, by means of submitting copies of their accounts, and a forecast to show cash flow after the grant has been paid. Eligible projects are those which involve the outright purchase of capital equipment. We cannot accept applications for equipment that will be purchased using Hire Purchase, Lease Purchase or any type of Credit Sale.

How to apply

Step 1

Scroll down and check if you pass the criteria required to receive a capital business grant.

Step 2

If you pass the required criteria, you will be directed to our application form where you can read our guidance notes before proceeding to the application form.

Step 3

Fill out the application form and hit submit and one of our friendly team will be in touch.

Qualification criteria

Be a registered
LTD business

Turnover up to
€46 Million Euros

Have between
6-249 employees

Have 3 years worth of
accounts on Companies House

You must also be in this catchment area:

Check if you qualify:

Please use the quick tool below to see if you qualify initially. If you pass this stage, a more detailed application form will be auto-generated for you to fill in.

Check If
You Qualify:

Are you a registered LTD business?

Do you turnover up to €46 Million Euros?

Do you have between 6-249 employees?

Do you have 3 years worth of accounts on Companies House?

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