Grants & Finance News - Love Business East Midlands

6th July 2022

£5m Low Carbon Innovation Hub to transform green charging and testing at MIRA Technology Park

Plans have been approved for a £5m green infrastructure project linked to aLow Carbon Innovation Hub that will support tech companies as they focus ondeveloping low carbon technologies.

6th July 2022

Leicestershire firms trading b2b should take advantage of growth grant before it's too late

Business owners in Leicestershire are being urged to check if they are eligible for a growth grant from the Business Gateway Growth Hub before funds run out. Currently around £400,000 remains in the pot for the Business Growth Grant aimed at Leicester and

5th July 2022

Kesseler secures £30,000 D2N2 grant thanks to support from Mansfield Innovation Centre

Luxury British kitchen manufacturer Kesseler is set to expand into new markets after securing grant funding to buy specialist machinery for its Nottinghamshire factory.

29th June 2022

Local businesses helped by Business Gateway during 12-month period topped £2billion combined turnover

The LLEP’s Business Gateway Growth Hub supported more than 1,500 businesses - with a combined turnover topping £2billion - during just 12 months.

24th June 2022

Nottinghamshire County Council: Bid for £40m ‘Levelling Up’ Link Road confirmed

Nottinghamshire County Council is preparing a bid worth approximately £40m to fund the planned Toton Link Road as part of the government’s ‘Levelling Up’ agenda.

22nd June 2022

New current account to improve financial inclusion for East Midlands communities

One of the UK’s fastest-growing financial co-operatives has partnered with Engage, the community banking-as-a-service division of Contis-Solaris, to launch its own branded credit union debit card and current account.

22nd June 2022

Smaller businesses in the East Midlands see major rise in equity investment in 2021, securing £154m in 2021

Equity investment in UK smaller businesses reached record levels of £18.1bn in 2021, as revealed by The British Business Bank’s Small Business Equity Tracker 2022, published today.

21st June 2022

OakNorth Bank lends £3.8M to acquire and refurbish the third hotel from The Signet Collection, Barnsdale Lodge Hotel, in Oakham, Rutland

OakNorth Bank – the UK bank for entrepreneurs, by entrepreneurs – has provided a £3.8M loan to The Signet Collection, to acquire Barnsdale Lodge Hotel in Oakham, Rutland, and refurbish and upgrade it to a 4-star Signet-branded spa resort.

20th June 2022

£100,000 funding awarded to supercharge sustainable travel around Derbyshire

An online platform that will encourage EV usage and car sharing in Derbyshire has been awarded £100,000 funding from Sub-national Transport Body Midlands Connect, it has been announced.

18th June 2022

Pomegranate Theatre set to close for multi-million-pound refurbishment of Stephenson Memorial Hall

The Pomegranate Theatre is set to temporarily close its doors later this month in preparation for a multi-million-pound renovation project that will create an enhanced and improved customer experience.

16th June 2022

Walesby Forest's 'Thank You' as it bounces back to pre-Covid levels

Leaders at internationally acclaimed North Nottinghamshire outdoor activity centre Walesby Forest have praised the widespread support it received to ensure it survived the pandemic.

16th June 2022

Grant is driving force to increased productivity for T&N Tyres

With the Government’s net-zero target for greenhouse gas emissions set for 2050, many businesses are making changes toward more sustainable and environmentally-friendly practices.

16th June 2022

University’s largest ever funding award for UK’s most powerful MRI scanner

£29 million national scanning facility will help the UK lead the world in ultra-high field imaging to transform understanding of the brain and treatment of disease

13th June 2022

MEIF Maven invests £250,000 in Nottingham-based sportstech business BatFast

11th June 2022

HR software platform that helps manage remote workers raises further £3m

A fast-growing Leicester-based HR software platform that helps firms to manage the performance of employees in different locations has raised a further £3m from existing investors.

8th June 2022

£6.25m gateway project to create hundreds of new jobs at MIRA Technology Park

The progress of the £300m development of a Leicestershire enterprise zone has taken another major step forward after agreement was reached over investment in a new £6.25m gateway infrastructure project.

1st June 2022

Maven invests in Nottingham-based renewable gas refuelling station supplier Roadgas

Nottingham-based supplier of renewable gas refuelling stations, Roadgas Ltd (“Roadgas”), has secured funding from MEIF Maven Debt Finance, part of the Midlands Engine Investment Fund (MEIF), managed by Maven Capital Partners (“Maven”).

27th May 2022

£4.3m investment set to add up to better maths skills in Notts

Government funding worth £4.3million is due to improve maths skills across the county to help boost job prospects.

25th May 2022

Funding for project to fix the sustainable future of smart devices

Researchers at the University of Nottingham are part of a project awarded £1.2 million to understand how to create a more circular and equitable digital economy, underpinned by reuse and repair.

19th May 2022

Derbyshire entrepreneur and bespoke guitar craftsman builds on his success after receiving £10,000 Start-Up loan 

Derbyshire entrepreneur Mark Hilditch has secured a £10,000 Start-Up Loan from First Enterprise - Enterprise Loans through the British Business Bank and is now able to turn his passion for creating handmade guitars into a business. 

6th May 2022

D2N2 LEP AWARDS £6.5 MILLION TO SEVEN LOW CARBON PROJECTS

The D2N2 Local Enterprise Partnership has announced it will be investing £6.5million from its Low Carbon Growth Fund into seven innovative projects based across Derby, Derbyshire, Nottingham, and Nottinghamshire.

6th May 2022

Food Innovation Centre helps luxury sushi producer Uramaki to launch UK-wide delivery

A Nottingham-based luxury sushi producer has launched a nationwide delivery service thanks to support from The Food Innovation Centre at the University of Nottingham.

1st May 2022

New £5m Centre for Nottingham College’s new Independent Living and Employability moves a big step closer thanks to funding

Nottingham College has been successful in attracting grant funding which will unlock investment totalling £5m in its provision for Students with Learning Difficulties and/or Disabilities (SLDD).

29th April 2022

Completion of new Jewson branch supports delivery of HS2 Chesterfield Station Masterplan

Construction of a new Jewson branch on Sheffield Road has been completed. This is a key milestone in the £10.8m joint project, between Chesterfield Borough Council and Derbyshire County Council, to deliver the first phase of the Hollis Lane Link Road.

28th April 2022

£500k upgrade set to supercharge UK manufacturing for SuperFOIL

Lincoln-based insulation manufacturer, SuperFOIL Insulation is set to scale up UK manufacturing with the first of four production-line improvements for 2022.

26th April 2022

The Access Foundation pledges to help tackle the UK's digital divide

The Access Foundation has approved grants for an initial £269,000 of funding to support projects across the UK to help tackle the digital divide.

25th April 2022

Becketwell Derby Scheme shortlisted for two major property awards

Phase one of the £200m Becketwell Derby regeneration scheme has been shortlisted for two major awards.

24th April 2022

World-class three-storey lab space officially opens after £3.4m investment

Three-storey laboratory officially opens after revamp creates base for more than 150 scientists

21st April 2022

HSBC UK SUPPORTS MANAGEMENT BUYOUT OF UK’S LARGEST FAMILY-OWNED BICYCLE DISTRIBUTOR

Derbyshire bicycle supplier and distributor Moore Large has received an eight-figure funding package from HSBC UK to support the company’s growth.

20th April 2022

RSM UK and Geldards secure private equity investment for Permaroof

RSM UK and Geldards have helped Permaroof successfully secure funding from UK-based private equity firm, Owner Venture Managers.

15th April 2022

The Big House Social Sales Sprint

Supported by the European Regional Development Fund and The Midlands Engine, The Big House Social Sales Sprint provides intensive support to both entrepreneurs and established small and medium sized businesses seeking sales growth through social selling.

12th April 2022

The Access Foundation pledges to help tackle the UK's digital divide

The Access Foundation has approved grants for an initial £269,000 of funding to support projects across the UK to help tackle the digital divide.

11th April 2022

Next size up for growing fashion business

After just 18 months in its new premises, the Leicester Fashion and Textiles Academy Ltd has outgrown the space and is on the move again.

7th April 2022

Derbyshire luxury nightwear brand receives £500,000 funding package

British luxury nightwear business has experienced rapid growth since launching in 2020

4th April 2022

Football America UK is (super) bowled over by grant support

Whilst there was no American football, or any other sport, being played during lockdowns in 2020/21 Leicestershire-based Football America UK took advantage of this quiet time to make big changes.

24th March 2022

Nottingham College secures 1.2m fund to invest in science

Nottingham College has been awarded a 1.2m capital grant by the Office for Students to invest in its Higher Education (HE) science provision, including a new science and innovation centre.

22nd March 2022

North Nottinghamshire businesses can benefit from free Trading Standards support until June 2022

Government funding worth £1.7 million means that businesses in Mansfield, Bassetlaw and Newark and Sherwood can take advantage of free bespoke advice from Nottinghamshire Trading Standards to aid their recovery and growth following the Covid-19 pandemic.

22nd March 2022

Alliance Transport Technologies accelerates growth plans with multi-million pound BGF investment

Derbyshire headquartered, Alliance Transport Technologies (ATT), has attracted funding from the UK’s most active growth capital investor, BGF.

12th March 2022

Notts community groups to share £1.2m worth of new funds

More than 80 community groups and charities will receive grants to help fund essential running costs and to improve local facilities.

12th March 2022

New grants to boost sustainable tourism in the National Forest

The National Forest Company (NFC) is launching a new grants scheme to help fund projects aimed at establishing the National Forest as a sustainable destination for people to visit.

10th March 2022

Award-winning founder raises further £1.3m for software platform

An award-winning Leicester entrepreneur has raised a further £1.3m for her software platform which helps companies manage complex rebate and price incentive schemes.

10th March 2022

Race Night Fun For Charity Fundraisers

A Race Night, organised by local charity Safe and Sound, romped home above target – raising more than £5,000 to enable the charity to support more children and young people across Derbyshire who are victims of or at risk of child exploitation.

9th March 2022

British Business Bank’s regional equity funds sign up to Investing in Women Code

The Equity Fund Managers from the British Business Bank’s regional funds – the Northern Powerhouse Investment Fund (NPIF), the Midlands Engine Investment Fund (MEIF) and the Cornwall & Isles of Scilly Investment Fund (CIOSIF) have all become signatories o

8th March 2022

Start up founder from the East Midlands offers insight to aspiring women entrepreneurs

Only one in five businesses in the UK is run by a woman.

25th February 2022

EAST MIDLANDS BUSINESS CONFIDENCE BACK ON THE RISE

Business confidence in the East Midlands rose one point during February to 34%, according to the latest Business Barometer from Lloyds Bank Commercial Banking.  

24th February 2022

EMA Training Opens New Digital HUB in Derby

An East Midlands training and apprenticeship provider has invested £75,000 to give Derby’s former newspaper offices an exciting new lease of life - as a state-of-the-art digital HUB.

23rd February 2022

Application Advice Issued to SMEs to Help Combat Funding Rejections

Businesses across The Midlands are being given crucial advice to help improve their chances of success when applying for funding, after research from Allica Bank shows well over half of local businesses have had funding applications rejected.

22nd February 2022

Light Science Technologies awarded £503,000 Innovate UK funding to develop AgriTech grow lighting solution

Light Science Technologies (LST) has been awarded a £503,000 grant to develop a lighting and sensor technology system for indoor farming.

17th February 2022

Renault Investment for Manor Farm Feeds

Oakham based Manor Farm Feeds has started 2022 with investment in its 15-vehicle fleet, which delivers to leading farmers and breeders across the UK.

16th February 2022

Decade of growth and innovation

As Burton on Trent based roof tile manufacturer, Russell Roof Tiles, marks its anniversary since becoming independent, the company has made huge changes over the last decade.

16th February 2022

MEIF Maven Debt Funds reaches milestone with over £60 million in loans and 420 jobs created

MEIF Maven Debt Finance has achieved a significant milestone as it continues to support innovative and growing businesses across the West, East and South East Midlands.

10th February 2022

Local charity receives vital grant to support creative empowerment

SoundCafe Leicester is delighted to announce that they have been awarded a grant of £2817 to support their Creative Empowerment programme.

8th February 2022

£200,000 grant to Derby charity will help disabled people become more digitally savvy

More than 1,200 disabled and older people in Derbyshire will be given greater access to health and social care services after a £200,000 National Lottery grant to Disability Direct.

3rd February 2022

£300,000 of digital poverty grants benefit seven local projects

Seven projects benefit from £300,000 of LLEP digital poverty grants

2nd February 2022

New Government Scheme Gives Discounts of Up to £5,000 on Accounting Software

UK Government launches Help to Grow: Digital Scheme – designed to support businesses in their adoption of digital technologies. The

21st January 2022

Rutland retailer unveils US expansion plans following funding from Santander UK

Natural wool sleeping products and homeware company Woolroom has unveiled plans to expand internationally following funding from Santander UK.

18th December 2021

Chesterfield IoT software company raises £2.1m

A Chesterfield-based business which aims to transform industry with its internet of things software platform has raised £2.1m to accelerate its international expansion.

16th December 2021

MIDLANDS AGRI-FEED MANUFACTURER SECURES REFINANCE PACKAGE FROM HSBC UK

Agri-feed company, GLW Feeds, has sealed a refinancing deal with HSBC UK to support the company’s future growth and to enhance its sustainability credentials.

11th December 2021

LEP Launches £2m Clean Growth Accelerator Fund

The Greater Lincolnshire Local Enterprise Partnership is to reallocate £2m of its existing funding towards a new Clean Growth Accelerator Fund to help tackle the impact of climate change.

7th December 2021

Arts Council England funding set to give a cultural boost to Amber Valley communities

Communities within Amber Valley, Derbyshire, are set to benefit from a new programme of cultural activity after a consortium, led by the University of Derby, was awarded a grant of up to £826,000 for its Make/Shift project, as part of the Arts Council Eng

30th November 2021

Encore Gives the Gift of Learning this Festive Season

Leading Midlands recruiter Encore Personnel, which employs more than 200 staff and operates 10 branches across the region, has decided to offer its surplus apprenticeship funding to other businesses and charities this festive season, in a bid to do all it

27th November 2021

Focus to help decarbonise homes after Community Renewal Fund grant announced for Nottingham

Focus has welcomed the news that Nottingham City Council has been awarded £3m funding from the Government’s UK Community Renewal Fund (UK CRF), which will help accelerate the city’s 2028 net zero carbon ambition.

23rd November 2021

WASTE MANAGEMENT BROKER POLISHES UP ACQUISITION STRATEGY FOLLOWING FUNDING FROM SANTANDER UK

Business-to-business waste and resource management services broker UK Waste Solutions Ltd has unveiled its acquisition-led growth plans following funding from Santander UK.

23rd November 2021

Award winning DE-Carbonise project helps small businesses in Derby to go green

On Friday evening The De-Carbonise project team won the Derbyshire Environmental Impact Award at the Derbyshire Business Awards, arranged by East Midlands Chamber.

18th November 2021

£4.8m funding boost for Derbyshire solar energy business

Custom Solar, which specialises in the design, development, installation, and maintenance of commercial rooftop solar systems throughout the UK, has secured £4.8m in new lending from Virgin Money to accelerate its growth ambitions.

18th November 2021

BRITISH BUSINESS BANK REVEALS ITS 2021 START UP LOANS AMBASSADORS

Paul Scully, Minister for Small Business, welcomes new ambassadors at digital launch event

9th November 2021

DE-Carbonise project helps small businesses in Derby to go green

With COP26 well underway, everyone has got carbon reduction on their mind and for businesses in Derby, help is at hand to make carbon reduction a reality.

2nd November 2021

Free business advice and support, what’s not to love?

Business Gateway Growth Hub book their stand at the 2022 Love Business Expo, 17th February at Holywell park, Loughborough

28th October 2021

Derbyshire family business powers growth through six-figure funding package

Derbyshire-based hydraulics and pneumatics supplier, Shepherd Hydraulics & Pneumatics Ltd, has received a six-figure funding package from NatWest to support future growth.

28th October 2021

Council secures £20m Government funding to further boost Chesterfield town centre and enhance the town’s cultural offer

Chesterfield Borough Council has secured £19.98m of Government funding through a successful bid to the national Levelling Up Fund. The funding was confirmed as part of yesterday’s Autumn Budget and Spending Review.

28th October 2021

Derbyshire family business powers growth through six-figure funding package

Derbyshire-based hydraulics and pneumatics supplier, Shepherd Hydraulics & Pneumatics Ltd, has received a six-figure funding package from NatWest to support future growth.

27th October 2021

Connected Data secures £600k in an investment round led by EMBA Investors Ltd

East Midlands based venture, Connected Data, has secured private equity funding thanks to an investment round led by EMBA Investors Ltd (previously East Midlands Business Angels).

25th October 2021

Modern day rag and bone business thrives despite the worst of times

Leicester-based, Industrial Wiper Company, collects unwanted second-hand clothing and fabric and creates cleaning wipers that are used across a variety of industries from food to janitorial services.

24th October 2021

D2N2 LEP awards £9.075m funding for Nuclear Advanced Manufacturing Research Centre in Derby

The D2N2 Local Enterprise Partnership (LEP) has awarded Derby City Council over £9m in funding – £6.875m from its Getting Building Fund and £2.2m from its Growing Places Fund – to support the development of a Nuclear Advanced Manufacturing Research Centre

23rd October 2021

B-Hive awarded FIP funding to break new ground on pre-harvest pest detection

AGRI-TECH research and development company B-hive Innovations has been successfully awarded funding to investigate methods of detecting and mapping wireworm populations to help manage this very damaging potato pest.

6th October 2021

Business ramping up in the Midlands as SMEs actively seek future funding

SME look for average of £170,000 to finance growth 45% of Midlands SMEs set to apply for funding in the next year.

4th October 2021

“Step up to the plate”, firms urge Government, as they publish Budget asks ahead of Conference

“Small businesses want to turn the page after a torrid 18 months”, the UK’s largest business group has told the Chancellor in its Autumn Budget submission, but they are being held back by rising costs, supply chain disruption, and forthcoming tax hikes.

4th October 2021

PKF SMITH COOPER’S CORPORATE FINANCE DIVISION CELEBRATE THEIR ‘DEAL OF THE YEAR (UNDER £10M)’ WIN AT INSIDER’S 2021 EAST MIDLANDS DEALMAKERS AWARDS

On Wednesday 29th September, Nottingham’s Belfry hosted the renowned Dealmakers Awards ceremony, where a host of companies located in the East Midlands celebrated their dealmaking achievements throughout the past year.

29th September 2021

Careers scheme piloted in Derby to be rolled out across East Midlands after Government funding boost

A ground-breaking programme which aims to inspire children and challenge the way they think about work is being rolled out across the East Midlands after the pilot scheme was hailed a huge success.

22nd September 2021

HARNESS THE POTENTIAL OF HIGHER EDUCATION TO 'SUPERCHARGE RECOVERY’ FOR THE EAST MIDLANDS

The University of Nottingham has joined leading Russell Group universities in calling on the Government to harness the jobs, skills and investment universities bring to the community as they look to recover from Covid-19.

20th September 2021

NOTTINGHAM BID PROVIDE A BOOST FOR LOCAL INDEPENDENT BUSINESSES

Nottingham Business Improvement District (BID) has teamed up with local tourist attraction Nottingham Castle to help boost the business of several local independent businesses by providing them with the opportunity to showcase their products in the brand-

17th September 2021

NOTTINGHAM 3D PRINT AND DESIGN COMPANYEXPANDS THANKS TO £51K INVESTMENT

A Nottingham company specialising in 3D printing and design services has expanded thanks toa £51,000 investment

16th September 2021

Over whelmed by Free Business Support Offers? Get focussed and Open the Door to Growth

Neil Coles benefited from the recent Small business Leadership programme at Nottingham Business School, Nottingham Trent University

14th September 2021

Recovery grant helps IT business serve more customers

A forced office move and reduced revenues due to the global pandemic meant Ashby de la Zouch-based business IT support provider UKBITS, faced an uncertain future last year.

11th September 2021

B-HIVE RECEIVES FUNDING TO DEVELOP CUTTING-EDGE TECHNOLOGY FOR FOOD WASTE REDUCTION

Leading Agri-tech company B-hive Innovations will host a Future Leaders Fellowship and lead a research project, which will early detect potato diseases and defects before they hit supermarket shelves.

9th September 2021

Over 15,000 small business owners apply for a single £25,000 Covid-19 recovery grant

Over 15,000 self-employed people and hopeful entrepreneurs have applied for a single £25,000 Business Boost grant from business insurance provider Simply Business – an award designed to help SMEs cope with the lasting impact of coronavirus.

8th September 2021

Pioneering 5G Connected Forest project making ‘excellent progress’

Pioneering work which aims to introduce cutting-edge digital technology to enhance the visitor experience in the heart of Nottinghamshire’s legendary Sherwood Forest is making ‘excellent progress’.

2nd September 2021

New Digital Innovation Centre leads the way in supporting businesses and students

As work continues to install the latest digital connectivity to support around 40 businesses based in Nottinghamshire County Council’s Worksop Turbine business centre, a new Digital Innovation Centre in the building has already started supporting local st

31st August 2021

Council bids for £20m of Government money to further boost Chesterfield town centre transformation and cultural offering

Plans to create a modern and extended customer experience at the Stephenson Memorial Hall – which houses Chesterfield’s Pomegranate Theatre, and Museum – are at the heart of a bid for almost £20m worth of Government funding submitted by Chesterfield Borou

22nd August 2021

MEIF Debt Finance backs Derbyshire brewery with £150,000 funding package

Howard Town Brewery (“Howard Town Brewery”) has secured a £150,000 funding package from the Midlands Engine Investment Fund (“MEIF”) East & South East Midlands Debt Finance fund, managed by Maven Capital Partners (“Maven”) and backed by the Coronavirus Bu

22nd August 2021

Lightbulb moments lead to growth for West HR

Many agree that the Covid-19 pandemic has changed various aspects of life including the way we learn. For Melton Mowbray-based West HR, online learning had already started to feature within their training delivery.

18th August 2021

Lightbulb moments lead to growth for West HR

Many agree that the Covid-19 pandemic has changed various aspects of life including the way we learn.

17th August 2021

Nottingham Community Groups set for cash injection

Thousands of pounds to support community projects in some of Nottingham’s most deprived neighbourhoods is being offered by social impact company Castle Cavendish.

15th August 2021

Leicestershire window business doubles workforce due to innovation

13th August 2021

Extra funding for trials means extra Hope!

Leicestershire and Rutland’s very own cancer charity, Hope Against Cancer, have succeeded in achieving another amazing funding result.

13th August 2021

MERRITTS INVEST £250K IN NEW VERSATILE 16TE CAPACITY PICK AND CARRY CRANE

East Midlands based, heavy machinery moving company, Joseph Merritt Group Plc has taken delivery of a new fully electric JMG MC-160 pick and carry cabin cruiser crane.

12th August 2021

Derby engineering consultants secure seven-figure funding package, as it targets growth within renewables

11th August 2021

IR35 CHANGES REINFORCE IMPORTANCE OF CONTRACTOR AND CLIENT RELATIONSHIP, SAYS ACCOUNTANCY FIRM

THE INTRODUCTION of the new IR35 off-payroll changes demonstrate the importance of building a strong employer-contractor relationship to avoid confusion when applying the new rules, according to a senior manager at national accountancy firm UHY Hacker You