Grants and Incentives
There are literally hundreds of millions of pounds available on an annual basis to support the development of business in the UK - from capital expenditure to R&D and training, there are grants to help companies innovate and grow.
Identifying the appropriate scheme, developing a compelling case for grant and complying with the requirements for managing a funded project can be complex and time consuming. The Deloitte UK Grants practice has more than 25 years of experience with working with companies to help them secure grant towards their investment plans. Members of our team have previously spent time either working for or seconded to some of the principal grant awarding bodies. We have a 95% success record on UK grant applications and a 70% success record on EU applications.
Grant support - could I be eligible?
The starting point is to consider your medium-term investment plans. For example:
- Capital expenditure: plant and machinery, fixtures and fittings, land and buildings
- Research and development: the development of new products or services, either on your own or with third parties
- Business improvements: efficiency improvements, energy, carbon footprint
Support for your project could come from a number of different sources depending on the nature and scale of the project. The largest funding resources are:
- Regional programmes: England, Scotland, Wales and Northern Ireland have separate programmes in place to support companies investing in the region.
- Innovate UK: This is the Government’s principle grant funding mechanism for supporting R&D in the UK. Funding is usually available through competitive calls and the programme encourages collaboration. Specific programmes are also available for SMEs.
- Horizon 2020: This is the largest funding programme for R&D and Innovation in Europe. It primarily supports collaborative projects across a wide range of sectors to address technological and societal challenges.