Over half a million pounds of funding is available to foreign-owned businesses in Devon and Somerset to support their business growth.
The scheme, funded by the European Regional Development Fund through the Heart of the South West LEP, offers 40% match funding up to £150,000, and is aimed at foreign-owned businesses, supporting inward investment and the development of new job opportunities in the region. The fund invites foreign-owned businesses already based in the area to apply for funds to support business growth projects.
Local businesses like Vexcolt, leading manufacturer of movement and expansion joints, have already received thousands of pounds of funding to boost their growth.
Find out more and apply here: https://heartofswlep.co.uk/erdf-inward-investment-scheme/
