£150,000 of Government cash to help businesses upgrade for the future

14:54, Friday, 4th February 2022

A new grant scheme to supercharge digital growth across North Lincolnshire launches today.

The Government-funded £150,000 cash pot will enable companies to invest in new technology to help them grow, creating more jobs and opportunities.

The grants – which can be up to £5,000 – will be targeted at companies looking to invest in the latest technology.

This can be anything from specialist cutting-edge hardware and software, upgrading internet connections, buying e-commerce equipment and paying for marketing campaigns or consultancy costs.

Businesses of all sizes are eligible to apply, with the minimum award being £1,000.

This latest grant programme comes after the launch at the end of last year of start-up grants for new businesses and sustainability grants so companies can upgrade to cleaner and greener equipment.

It is part of the council’s pledge to deliver on the levelling-up agenda and support a strong, diverse business sector that will create jobs and enable growth.

Cllr Rob Waltham, leader, North Lincolnshire Council, said: “This money will help arm businesses with the cutting-edge technology they need to flourish in the 21st century.

“Digitalisation is a key enabler for development, and we are already forging ahead with plans to bring full-fibre connectivity to North Lincolnshire. Businesses can take advantage of that, and more, with the help of these grants.”

Ultrafast fibre was installed in parts of Scunthorpe last year and around 900 more commercial properties will be soon able to access the gigabit-enabled broadband thanks to more Government cash, part of the £27m Towns Fund deal for North Lincolnshire.

For more information on eligibility for the new grants and to apply, go to the Invest In North Lincolnshire website to book an appointment with a business advisor.