South Midlands Growth Hub
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
R&D claims and business grants are exactly where a specialist can make the biggest difference — both in claim size and time saved. We're building relationships with vetted professionals who can help with applications like this — register your interest and we'll follow up when we have someone to recommend.
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You can also do this yourself for free via the official sourceSubmit 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.
View official sourceLast verified: 23 August 2026. See the footer disclaimer — this is general information, not financial or tax advice.