Grant funding plays a big part in helping local businesses grow. For some, it provides the chance to invest in new equipment or people. For others, it’s the support needed to develop new products, improve sustainability, or simply move an idea forward that might otherwise have stayed on the shelf.
Because grant programmes are always changing, this page is kept up to date with the latest opportunities.
Current Grant Opportunities
Invest Hull
Matched funding available: Up to £10,000
Eligibility: Businesses in Hull boosting employment by providing new jobs
Application details: Currently closed
Invest East Yorkshire
Matched funding available: Up to £10,000
Carbon reduction matched funding: Up to £20,000
Larger project support: £50,000
Start-up help: £750
Skills development grants: £1,000
HEY Business, Growth and Skills Hub – Growing Places Grant
Funding available: £5,000 – £250,000
Eligibility: Speak to Hull City Council directly
Application details: Contact andy.bradley@hullcc.gov.uk
Young Entrepreneurs Schemes
Market testing: Up to £500
Eligibility: New businesses owned by 18 to 29 year olds
Application details: https://investhull.co.uk/business-support/grants-and-funding/investing-in-young-people
Made Smarter
Funding available: Capital grants of up to £20,000 and support from industry experts
Eligibility: UK based SMEs with less than £36m turnover and £18m
Application details: https://www.madesmarter.uk/adoption/in-my-region/yorkshire-the-humber/
Innovate UK – Research & Innovation
Funding available: Innovate UK have various grants available across multiple sectors such as agriculture, Artificial Intelligence (AI), and resource and energy
Application details: https://www.ukri.org/opportunity/?filter_council%5B%5D=822
University of Hull Business Support
The University of Hull operates a comprehensive program of business support for growth and innovation. In summary, they are able to offer the following:
Aura Innovation Centre: Helping a range of Humber based SMEs to reduce their carbon emissions through research and innovation. There are also grants available to help businesses within the Hull region to deliver their innovation ideas and help take new products and services to the market, whilst generating new jobs and contributing to the economic growth of the region
Knowledge Transfer Partnerships (KTPs): Up to £35,000 of support to cover costs of a business working with the University on specific projects/ problems that the business needs to solve
SME Business Clinics / Help to Grow: Final year students will provide research, insights, advice and key recommendations to your business to boost productivity and growth
Getting Help With Applications
Grants can be a lifeline, but applying for them often means dealing with long forms, strict reporting rules, and tight deadlines. At 360 Accountants, we work with businesses to make the process easier and improve the chances of success.
If you’d like advice on which grants might suit your project, or help with putting an application together, we’d be happy to talk.
