You are currently viewing Grant available to accelerate your production (Applications open 19th October!)

Grant available to accelerate your production (Applications open 19th October!)

The current economic climate may not be desirable, but with the right help, food SME’s can continue to grow and innovate. As partners in your success, Agrantec is committed to providing food manufacturers and producers with every assistance it can to help you succeed- as an inventory management and food traceability platform and as a friend sharing valuable funding/grant opportunities.

The Business Growth and Adaptions Grant empowers SMEs to purchase and implement new products and equipment. 

So, if you are looking to:

  • increase or improve production
  • start production, including bringing production ‘in-house’
  • adapt to changes in legislation from the last 3 years

Applications open on 19th October and close on 09th November for the two fund pots available.

Fund 1 £6,000 to £10,000

To be eligible for Fund 1, food producers must: 

  • Have a registered and/or trading address in the Bath and North East Somerset, Bristol, or South Gloucestershire local authority area
  • Be able to provide a minimum of 20% match funding for your purchases
  • Have traded for at least 1 year
  • Be a sole trader, limited company, limited liability partnership, or a co-operative
  • Be a small or medium-sized enterprise (SME), this means you must not employ more than 249 people

Fund 2 £10,001 to £30,000

To be eligible for Fund 2, food producers must: 

  • Have a registered and/or trading address in the Bath and North East Somerset, Bristol, or South Gloucestershire local authority area
  • Be able to provide a minimum of 20% match funding for your purchases
  • Have traded as a limited company, limited liability partnership, or a co-operative for at least 3 years
  • Be a limited company, limited liability partnership, or a cooperative
  • Be a small or medium-sized enterprise (SME), this means you must not employ more than 249 people
  • Provide your latest full-filled accounts with Companies House where the previous year’s figures are also included. These should consist of the Profit & Loss Statement, Balance Sheet Statement and Notes to the Accounts. We will not accept abbreviated or draft accounts.

To register your interest, fill out the form and we’ll keep our fingers crossed for you!

Leave a Reply