D2N2 - Digital Growth Programme Grant Scheme

Are you looking to invest in technology solutions for your business? Grant funding could be for you! 

The Digital Growth Programme Grant Scheme forms part of the D2N2 Digital Growth Programme (DGP), which will see approx. £7.25 million of funding invested into the D2N2 economy between 2016 and 2019.

Part-funded through ERDF and delivered across the whole D2N2 Local Enterprise Partnership (LEP)[1] area, the DGP aims to support growing businesses to explore and introduce new and emerging ICT products / services into their business to improve competitiveness, productivity, perceptions about ICT’s role in business growth and to take advantage of commercial opportunities – consequently driving economic growth across the D2N2 area.

Activities include:

  • An interactive events programme of seminars, hackathons, ‘action planning’ workshops and conferences;
  • ‘1-2-1’ Digital Business adviser support – up to 12 hours on site support;
  • skills advice and support; and
  • Technology Grant Scheme

The Technology Grant Scheme aims to support businesses in exploiting their existing technology solutions or with the introduction of new systems and software to assist with the implementation of new digital resources, to improve business performance and productivity.

Grants are available between £2,000 (minimum) and £16,000 (maximum) or 40% of the total project cost (excluding VAT) – whichever is lesser. You will be expected to evidence 60% match funding from your own resources towards the total project cost prior to the award of grant.

Eligibility

Applicants must as a minimum

  • Be located within, or locating to, the administrative areas of Derby, Derbyshire, Nottingham or Nottinghamshire (this must be the businesses main trading address)
  • Employ less than 250 full time equivalent (FTE) employees and have either a turnover ≤ €50 million or a balance sheet ≤ €43 million at the time of full application
  • Provide match funding of at least 60% from your own resources (other publically funded grants, or loans, cannot be used for match funding)
  • Have a project valued between £5,000 and £40,000 (higher project values will be considered at the discretion of the Grant Panel)
  • Provide up to date financial accounts for the last or your most recent management accounts
  • Demonstrate the commercial viability of the project and how it will improve business performance and productivity
  • Look to generate new, sustainable jobs based in Derby, Derbyshire, Nottingham or Nottinghamshire. As a guide, every £5,000 of grant funding should create at least one full time job, within your business, which is retained for at least two years
  • New job opportunities should look to pay at or above the living wage, which has currently been set by the Living Wage Foundation at £8.45 per hour (it is the aspiration of the Scheme that 75% of jobs created will be at or above this rate)
  • Not have started the project for which grant funding is sought. Any purchases initiated prior to a grant award will not be eligible for funding
  • Have been trading for at least 12 months at the time of application
  • Have all the necessary permissions, licences and insurances to operate your business
  • Demonstrate positive equality and environmental impacts and compliance with related legislation
  • Satisfy that the proposals are viable, offer value for money, are realistic and deliverable
  • Compliantly procure all items for which grant funding is requested

Please note: Other eligibility criteria exists

Applicants must demonstrate that their project contributes and positively impacts on at least ONE of the following:

  • The project will enable the business to save significant time and resources in the future allowing more time to focus on economic and job growth
  • Without the project being implemented the business will be unable to take on further growth
  • The project will enable the business to access new markets not currently accessible to them
  • The project will enable the business to diversify in order to support economic and job growth
  • The project will support significant investment in new IT systems
  • The project will enable the business to offer new services that add significant value to the current offering

The grant cannot support businesses in the following sectors:

  • Banking & Insurance
  • Retail
  • Private Schools
  • Fisheries & Agriculture
  • Coal
  • Steel & Ship Building sectors
Grant Application Guidance Notes

Full details relating to the grant scheme can be found here D2N2 DGP Grant Scheme Guidance Notes v1

How to register your interest

In order to register your interest in grant funding we must first assess your organisations ability to apply under national ERDF eligibility rules. Please complete the registration form in order for us to assess your eligibility.  Once eligibilty processing has been carried out you will be notified accordingly.