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Unlocking Investment for Growth

The D2N2 LEP's flagship programme Unlocking Investment for Growth or UI4G - now closed to applications - saw the LEP secure £6.8million from the Government’s Regional Growth Fund and the European Regional Development Fund, to help local businesses grow and create new jobs.

 

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UI4G Case Studies Booklet

A UI4G booklet summarising some of the successful case studies from the programme can be read online by clicking HERE.

 
 

UI4G aimed to unlock around £20m of direct investment for local businesses and eventually support more than 200 jobs. Many of these to be in D2N2's key sectors including life sciences, food and drink manufacturing, construction, transport equipment manufacturinglow carbon and the visitor economy

Grants approved are set to create over 400 new jobs and safeguard a further 350 existing jobs. The programme has inspired business owners in the D2N2 area to invest over £20million, to grow their businesses.’

Successful UI4G Case Studies 

Akramatic Engineering

Asmech Ltd

AWL Trucks

Chalice Medical

Coldharbour Marine

Corrugated Case Company

DC Rolfe

DSF Refractories & Minerals

Ear Foundation

FC Laser 

JKP Tins

Kesseler

Pressure Tech

Purpose Media

QTS Ltd

Rototek Ltd

S&S Plastics

Standard Motor Products Europe

Street Crane

Thornbridge Brewery

Tommy Tucker

Toray Textiles

Trans-Sport Ltd

 

The UI4G programme is now closed to new applications. 

The UI4G programme helped businesses with a substantial capital investment project in mind, but which couldn't quite raise all the finance needed to purchase the necessary fixed assets, to create long term jobs. Companies bidding for UI4G funding had to provide a robust business plan, detailing:

  • the number of new jobs to be created by their project;
  • capital cost of the project less the finance that could be raised by the business (to determine the 'funding gap' UI4G would help bridge);
  • potential value for money offered by the project.

In exceptional cases grants up to £500,000 were considered. State Aid rules applied and businesses which wanted to make an application had to be located in the D2N2 area.  The process was competitive and applications were rigorously assessed, with priority given to the key sectors .

The programme is now closed to new applications. Any expressions of interest or enquiries received at UI4G@embltd.co.uk are being held in a pending file and will be referred onto subsequent funding programmes where appropriate.

The UI4G fund was managed by EMB Ltd on behalf of D2N2.