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South Midlands Growth Grant

South Midlands Growth Hub

Description

A £1.8 million, 3-year capital grant programme for SMEs, micro-businesses and sole traders across North and West Northamptonshire, Milton Keynes, Bedford Borough, Central Bedfordshire, and Luton, funding investments in innovation, new technology adoption, or green/decarbonisation improvements (machinery, equipment, premises improvements, software and digital tools). Delivered by the South Midlands Growth Hub (the successor to the SEMLEP-era 'South East Midlands' branding) with rounds run periodically via a two-stage Expression of Interest then full-application process; round one (closed December 2025) awarded £609,598.93 to 22 businesses from over 130 applicants.

Amount

£5,000-£25,000 per project (round one also ran a separate £300-£3,000 Micro Capital Grant tier); 50% match funding required

Deadline

Rolling / no fixed deadline

Eligibility summary

  • Available in: England.
  • Applicant must be a registered business.
Notes
Round-based rather than continuously open — the round current at research time had Expressions of Interest open 1-23 July 2026, with shortlisted applicants invited to submit a full application by 25 September 2026; a new applicant should check growthhub.southmidlands.org.uk for the next EOI window rather than assume immediate availability. Excludes Buckinghamshire, which sat within the LEP-era SEMLEP footprint but is outside this Growth Hub's current membership. Re-verified Aug 2026: shortlisted applicants are being taken through Q&A drop-in sessions (2 and 10 September 2026) ahead of the 25 September full-application deadline, confirming this round is progressing as scheduled.
Requirement
SME, micro-business, or sole trader based in North/West Northamptonshire, Milton Keynes, Bedford Borough, Central Bedfordshire, or Luton, with a capital project supporting growth, innovation, technology adoption, or decarbonisation; requires 50% match funding, and a business may apply to only one grant tier per round.

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How to apply

Submit an Expression of Interest during the current open window via the South Midlands Growth Hub website; shortlisted applicants are then invited to complete a full application ahead of the round's final deadline.

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Last verified: 23 August 2026. See the footer disclaimer — this is general information, not financial or tax advice.