Budget 2022: Successful business digital grant scheme reopens with £100,000 top-up

10:34, Friday, 25th February 2022

The recently launched digitalisation grant – designed to supercharge digital growth across North Lincolnshire – has proved so popular with local business it has re-opened with more funds.

The Government-funded £150,000 cash pot was immediately over-subscribed, so North Lincolnshire Council has allocated a further £100,000 to the scheme.

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

This can be everything from 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.

Cllr Rob Waltham, leader, North Lincolnshire Council, said: “We are listening to businesses and enabling them to take the steps they need to flourish.

“We were pleased at the success of the digitalisation grant offer and have worked quickly to pour more money into the fund so no business will lose out.

“This 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.”

The investment is part of North Lincolnshire Council’s annual budget which was approved at a full council meeting on Thursday, 24 February.

The inflation-busting budget saw only small council tax rise of 0.89 per cent and an uplift in the social care precept of two per cent.

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.