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East Midlands Chamber News

Finance extended to Derby and Peak District

Businesses in areas of Derby and the Peak District are now eligible for a scheme that helps SMEs in deprived areas to grow.The scheme, the DTI’s Selective Finance for Investment in England, aims to help businesses develop by offering discretionary grants of between £10,000 and £100,000.The grants can be put towards the cost of projects with fixed capital expenditure, such as land, property, plant and machinery. They have replaced the Regional Selective Assistance and the Regional Enterprise Grants in the Assisted Areas of the East Midlands.Information on SFIE can be found by clicking hereMore specific advice is available from our specialist business adviser Peter Ware, who can be contacted on 0844 443 2150.