Deadline: 15 September 2023
Up to £10 million of capital funding is available. Funding will take the form of an interest repayable loan or a grant award. In order to maintain the ‘revolving’ nature of the Future Fund, loans are the preferred funding option. Grants will only be considered where there is a clear rationale put forward by the project applicant and this is supported by evidence of the high economic value the project could generate.
The types of Future Fund projects being sought range from demonstrators and pilots, to requests for seed funding as well as larger capital projects. They will be looking to support a small number of high-quality projects that will support growing businesses, help to drive economic growth more widely, create new or safeguard jobs in our area, provide CO2 savings, promote inward investment into the region, and/or enable new learning and learning space.
