Accelerating Business Growth

Accelerating Business Growth (ABG) is grant funding for capital investment, with the aim to stimulate company growth and create jobs. Some of the projects funded could include

• Machinery acquisition

• Property improvement

• Property acquisition

Funding of £20,000 to a maximum of £1,000,000 is available, dependent upon total project cost and the level of job creation. Typically, the grant is 20% of the total project cost.

Eligible businesses will comply with the following criteria:

• Based in the County of Lancashire (including Blackburn with Darwen and Blackpool), or

• Moving into the above area

• Plans for growth and the creation of jobs within 12 months of project completion

• Open to Small, Medium or Large Enterprises in accordance with the European Union definition

Priority will be given to the manufacturing sector and other business-to-business companies.

For more information visit here.

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