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Small Grants Fund

Supporting SME business growth with capital investment

The Small Grants Fund is designed to help SME businesses in Telford and Wrekin with financial assistance for eligible capital investment projects that drive growth, including:

> Expanding into new markets
> Adopting new technologies or processes
> Improving productivity
> Launching new products or services
> Creating jobs

Grant details:

> Match-funded grants from £500 up to £2,000
> Covers up to 100% of project costs, up to £2,000 max
> Any project costs beyond £2,000 must be funded independently
> Retrospective purchases are not eligible
> Excludes credit cards, hire purchase, lease purchase, or asset finance

Thrive Telford has been made possible thanks to the UK Shared Prosperity Fund (UKSPF). For more information, visit the UKSPF prospectus here.

*The UK Shared Prosperity Fund is a central pillar of the UK government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025.
The Fund aims to improve pride in place and increase life chances across the UK by investing in communities, supporting local businesses and people and creating new skills.

How we can help

The Invest in Telford team can deliver bespoke, turnkey solutions to ensure your development is completed to requirements.

We are able to cover the complete construction process from initial concept through design, process from initial concept through design, tendering and construction to the delivery of a completed building and its future maintenance.