Large UK investment grants

If your business is investing a total of £5m or more over 3 years in an "Assisted Area" of the UK on plant, equipment and buildings, the effect of which will be to protect existing or create new jobs in sufficient numbers, then your business could be eligible to receive £1m or more in government grant. To secure this support for your business, IBS offers the following service through a well established contract partner, a specialist in the field of large government grants for capital investments, with an unbroken record of success.

• Free Grant Eligibility Evaluation with an initial visit anywhere in the UK.

• Free grant eligibility report, including amount (where applicable)

• Small commitment fee on sign-up to prepare an application

• Full application service, including drafting, presentation and negotiation

• No further costs if unsuccessful

• Free post-grant advice through to receipt of final payment.

The Grant Scheme

 The service focuses almost exclusively on the largest UK government financial support scheme for industry, namely "Selected Finance for Investment" (SFI) - formerly Regional Selective Assistance (RSA). The scheme is designed for businesses, large or small, domestic or foreign, that are looking at the possibility of making significant investments in plant, equipment and buildings in "Assisted Areas" of the UK, but need financial help for the project to go ahead.

The SFI grant scheme is discretionary (i.e. even if you think that you meet all the criteria, it is not automatic) and it is therefore essential, especially when applying for grant at the larger end of the scale, that the application is thoroughly and expertly prepared.

It is possible to obtain SFI grant support on much lower levels of investment (i.e below £5m), but these projects are best handled by Business Link or other support organisations. IBS' partner specialises in grant cases above £500K.

Grant Award Criteria

There is a range of published and other criteria, among the most important of which, are:

Location 
All the investment must be made within one of the Assisted Areas.

Need
You must demonstrate that a grant is necessary to enable the project to go ahead as planned. There must be no prior commitment to the project in any form, or the need for assistance will become difficult to establish.

Eligible investment  
The project must involve expenditure on fixed assets, such as property, plant and machinery, (but not regular or on-going maintenance or refurbishment). The total "project" expenditure is measured over 3-4 years, and may include separate items of expenditure over this period, provided that they are all related to the project.

Jobs/Skills

The project must create new jobs or safeguard existing ones if you are seeking support of £100,000 or more.  

Alternative

Although not an official criteria, it is vital to have a credible alternative plan, (i.e. in the event that no or insufficient grant support is offered).

The Grant Service

IBS' partner in this field, has an exceptional record of grant success - in 12 years of business, they have not had a single grant application turned down. Typical grant value is between £0.5m - £3.5m.

All activities of IBS staff in the grant field operate under the banner of our specialist service provider. 

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