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Business investment programme helps to grow 28 Hull businesses in first year

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In January 2022, the Hull and East Yorkshire Local Enterprise Partnership (HEY LEP) Board approved the Growing Places Capital Investment Funding Programme. The program is aimed at supporting small and medium-sized enterprises (SMEs) located and trading in Hull and East Yorkshire that can demonstrate business growth.

The programme has now been running for a year, and during this period, it has helped 28 businesses in Hull and East Yorkshire. With grants ranging from £5,000 to £48,000, a total of £613,000 of funding has been awarded to SMEs to date.

The HEY LEP is encouraging and welcoming expressions of interest from businesses that are looking to grow and can demonstrate productivity. Interested parties can visit the Funding section on the HEY LEP website for more detailed information about the program.

The Investment Programme Team is available to support businesses looking to get started on their funding journey. Businesses can contact the team by emailing a.lacey@heylep.com, funding@heylep.com or calling 07496315038.

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