Could you be eligible for an agri-tech grant up to £150,000?

If you run a business operating within the Agri-Tech sector employing less than 250 people, growth could be easier with the Eastern Agri-Tech Growth Initiative programme. Grants are available to organisations looking to invest in specialist equipment, new market and supply chain development, ways to improve productivity and efficiency, and the application and commercialisation of Research and Development.

A number of businesses in the local area have already benefitted from the grant. Law Fertilisers, of March, secured a grant of £46,500. This company is the last remaining British manufacturer of fertilisers in the UK and they secured a grant to assist them to bring chemical manufacturing processes in house that would have previously been outsourced to companies all over the world.

The Eastern Agri-Tech Growth Initiative has two funds; a Growth Fund, for grants of between £10,000 and £150,000 (which can cover up to 25% of the total project cost) to support improvements in productivity and efficiency in the food, drink and horticulture sector; and the R&D Fund which provides grants of between £10,000 and £60,000 (which can cover up to 50% of the total project cost) to support the development of innovative ideas, products and technology.

The Eastern Agri-Tech Growth Initiative is run by the Greater Cambridge Greater Peterborough Enterprise Partnership with support from New Anglia LEP, Norfolk County Council, Cambridgeshire County Council, and the local authorities covering both LEP areas.

Call Martin Lutman on 01480 277180 or visit www.agritechgrants.co.uk to find out more.