The Midlands Investment

The Midlands Investment, supported by the European Regional Development Fund, provides commercially focussed finance through Small Business Loans, Debt Finance, Proof of concept and Equity Finance funds. The Midlands Engine Investment Fund (MEIF) aims to transform the finance landscape for smaller businesses in the Midlands and to realise the region’s potential to achieve economic growth through enterprise. MEIF is a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs) in the West Midlands and East and South Midlands.

MEIF provides over £250m of investment to boost small and medium business (SME) growth in the Midlands.

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Harborough District Local Plan

A key objective of the Local Plan is to seek to promote sustainable economic growth across the District. It seeks to achieve this through facilitating the growth of existing businesses, fostering new local enterprise, contributing to a reduction in the need for outcommuting and helping to increase the sustainability and self-containment of communities to enable the development of a vibrant, diverse and sustainable business community.

The Local Plan includes policies and identifies sites to enable sustainable growth in key sectors and priorities identified through the Economic Development Strategy, namely broadband infrastructure, provision of employment land, Tourism, Leisure and other Town Centre uses.

View more on the  Harborough District Council Local Plan

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Digital Growth Programme

The Digital Growth Programme grant scheme provides financial support with the introduction of new systems and software to improve business performance and productivity. Grants from £2,100 to £42,000 are available.

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Apprenticeships grant

Businesses in the Harborough district can apply for funding to help them take on apprentices. We are making grants of up to £750 available to encourage apprenticeships and promote the benefits they can offer businesses.

Apply for the Harborough business grant for apprenticeships.

The application process is managed by Leicester Apprenticeship Hub.

Find out more about apprenticeships and how they can help your business

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Current Business Support Programme;

Starting in Business: Everything you need to know to get your small business up and running. This three day training course is aimed at people who would benefit from in-depth knowledge on how to become self-employed or start their own small business. Over two weeks this course covers all of the skills that you'll need to start and manage a successful small business.

More information on Starting in Business 

Business Assist: Expert, impartial business advice from advisers you can trust. Running your own business can be lonely occupation. What could improve this? How about the advice of an impartial, experienced business person? Someone to act as a sounding board, providing focussed and objective assistance. If you think you could benefit from a fresh perspective the NBV Business Assist programme could be just what you need.

More information on Business Assist 

Grant in Enterprise: Up to £2,500 to help your business. NBV have directly supported local businesses to access over £2m in grant funding over the past 3 years. We can now offer businesses in Nottinghamshire, Derbyshire, Leicestershire & Lincolnshire the Grant for Enterprise. Eligible businesses can claim up to £2500 for specific projects or investments.

More information on Grant in Enterprise 

Grant for New Business: As above but aimed at newly registered businesses

More information on Grant for New Business 

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The iNet

Based at Loughborough University, the iNet runs a number of business support programmes helping SMEs across various locations (formerly called Transport iNet)

Smart Innovation & Networking for Growth (SING)

Managed by The iNet and based at Loughborough University SING will make it easier for SMEs to accelerate their development and implementation of new products, process and services, as well as working with UK research institutes.  The programme will operate until September 2019.

Find out more about SING 

Productivity and Capability Enhancement (PACE)

Managed by The iNet and based at Loughborough University, PACE will make it easier for SMEs to accelerate their investment in activities which enable growth and enhance their competitiveness. The programme will operate until October 2019.

Find out more PACE

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Collaborate Growing Business Together

If you're looking to grow your business the Collaborate project is here to help. They support small and medium-sized enterprises (SMes) across Leicester and Leicestershire providing 12 hours of free, confidential and specialist business advice as well as workshops and seminars targeted to your sector. Take advantage before 30 September 2019 when this project ends.

Find out more about Collaborate 

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The British Business Bank Finance Hub

The British Business Bank Hub is designed to help businesses understand the financial landscape and ultimately access the right finance for their growth potential. It's an independent, impartial digital hub designed to raise awareness of the different types of finance available for growing UK businesses. Explore finance options and find funding to suit your business.

Find out more about British Business Bank

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Please note that, as of 28 August 2018, Green BELLE has allocated all of its available funding and is no longer accepting grant applications.

To be place on our waiting, please submit a contact form. 

Green BELLE supports SMEs in Leicester and Leicestershire to increase their energy efficiency, reduce their energy costs and lower their carbon emissions. Grants of £1,000 to £10, 000 are available to support the installation of low carbon and energy efficient technologies in local SMEs.

If you are applying for a Green BELLE grant, your proposed measures should reduce carbon emissions and increase energy efficiency.

Find out more about Green BELLE 

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Sir Thomas White Loan Charity

Business Loans

  • Sir Thomas White Loan Charity are an equal opportunity organisation, providing loans for new business ideas and young businesses needing investment. Eligible candidates may borrow up to £20,000 interest free for 9 years to establish themselves in their chosen career.

Find out more about Business Loans

Education Loans

  • Sir Thomas White Loan Charity are an equal opportunity organisation, and eligible candidates may borrow up to £10,000 interest free for 9 years in order to assist with the cost of post- graduate courses anywhere in the world.

Find out more about Education Loans

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Medilink East Midlands grant support programmes for small and medium companies. Medilink has innovation support programmes across several LEP areas. The SoLSTICE2 programme supports health/medical/wellbeing innovation for small or medium companies located in the Leicestershire region.

SoLSTICE has three types of support, all work as intervention rates- so only part of the money is provided, and would need proof of spend to claim the grant- so not provided ahead of any work:

  • Innovation Grants- £1,000-£20,000 (up to a maximum £66,00 total project cost)- support for innovation to develop a new product or process with an intervention rate of 32.5%. Money is paid after spend is completed so for larger grants it is often useful to profile (spread out) the spend so you can part claim during the project. It is all about your company purchasing a skill set or service so can't be spent internally and usually can't be spent on equipment consumables- but can be used to purchase project management to 'build a prototype'.
  • Travel Grants- £500- £3,000 (up to 10,000 total travel costs)- to attend medical/health related workshops and conference anywhere in the world that are around your innovation area. Intervention rate is from 30% to 50% depending on the size of the grant requested. A maximum of 2 delegates per conference, and flights, travel, hotel and conference costs are covered but not 'subsistence' or gala diners etc.
  • MedTech Trails Grants- up to £50,000 grant for £100,000 or more of total project cost. Maximum intervention rate of 50%. the grant is to support trails, feasibility studies and evaluation of new products. This would be the hardest funding to access as it would be competitive with other proposals and the funding partner- AHSN- will determine which projects are funded.

All the grants must be fully 'planned' ahead of any work and you need to receive an offer letter before you go ahead and instruct any works. The MedilinkEM website can be used to 'tender' for services if you are looking at either the innovation grant or the MedTech trails grant. Conferences would just need three quotes for hotels and flights from web sites and an indication of other similar conferences with similar costs. All the information for travel grants can usually be obtained with screenshots from websites.

Find out more about Medilink

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Prince's Trust

Prince's Trust work with 18 to 30-year-olds living in the UK to turn big ideas into a reality.

Got a business in mind or want to explore an idea? From training and mentoring support to funding and resources, we're here to help you become the best entrepreneur you can be. Our free Enterprise programme takes place in a centre near you and is broken down into three stages. If you’d prefer to learn flexibly with online mentor support, sign up to Enterprise Online.

View more on Support for starting a business  

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Manufacturing Growth Programme

This funded growth programme can provide free advice, support and help to source potential grants to help manufacturing businesses grow. The Manufacturing Growth Programme is delivered by Economic Growth Solutions Ltd.

View more on Manufacturing Growth Programme 

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Invest in Commercial Properties

Development Sites in Harborough District

View list of Development Sites in Harborough District identifying opportunities for occupiers, developers and investors. 

Commercial Property Agents 

There are a number of national online property searches and local property agents that cover Harborough District and aim to help you search for a new commercial property, for a full range of businesses please see our Commercial Property Search document.

Magna Park Lutterworth developed by Gazeley

Magna Park Lutterworth provides a high quality business environment specifically focused on logistics and distribution. The park is strategically located and meets the needs the customers.Covering over 550 acres it is situated in a location, bounded by the M1, m6 and M69 motorways; widely known as the 'Golden Triangle' this part of the UK is the first choice for logistics due to its strategic position in the centre of the country. Magna Park Lutterworth, is home to some of the UK and Europe's most recognisable brands including Toyota, BT, Asda Walmart, Disney, Argos, DHL and Britvic.

View more information and available properties Magna Park Lutterworth  

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Invest in Leicester

Find out more about Investing in Leicestershire by viewing the Invest in Leicester Brochure.

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Looking for your next business property?

The LLEP property search will help find available property in the area.