£1.3m Grant funding for Capital Expenditure available in Coventry and Warwickshire
£1.3m Grant funding for Capital Expenditure available in Coventry and Warwickshire
Duplex Investment Fund is a new way to help finance capital investments by local businesses. It combines public sector grants and loans to give you financial flexibility and ensure that your project proceeds successfully.
How it Works
You receive a loan to cover the full cost of your capital investment project on day one. Once you have obtained and paid for your capital item(s) you receive a grant which is up to 40% of the total cost.
Eligibility Criteria
You must:
Be trading in Coventry or Warwickshire.
Be able to demonstrate a minimum of 2 years profitable trading.
Produce a sound business plan/forecast that demonstrates the need for a grant.
Create jobs as a result of the investment.
You can find out more about the scheme on our website www.cwrt.uk.com/duplex OR you can call Andrew or Leah on 02476 551 777.