Company

Business:                                                 Engineering company

Turnover:                                                £2m

Staff:                                                       30

Maximum Grant:                                      (20%)  - Tier 3

Project

2008                                                      Costs

Building Extension                                    £200,000      

1 New CNC machine                                 £150,000

2009

1 New CNC Machine                                 £150,000      

                                                             £500,000

Private Finance                                @ 80%

Finance                                                   £400K

Cash                                                       £100K

Potential GBI Grant                        £100K @ 20% 

This company was awarded a grant of £99,999 by the RDA as it was proved they had a cash shortfall of £100K on top of their new and existing financial arrangements.  This shortfall and the 'quality' of the project was proved using the grant management services of ‘UK Grants Limited’.

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The site sponsors - UK Grants Limited also assist;

 Business Links

 Council Economic Development Units

 Industry associations and organisations

...across England with GBI support and training. With 17yrs experience of GBI/SFIE/RSA/Enterprise grant schemes there is no better one stop shop for advice on the scheme.

www.uk-grants.co.uk