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The English Regions - Tier 3 Areas

Small Firm Support in Tier 1, 2 & 3 areas of England is from 1st April 2002 to be delivered by the RDA's in association with Business Links.

The principle grant schemes are:

  1. Investment - GBI - formerly known as SFI (All assisted areas)
  2. Innovation - GRAND - formerly known as SMART (All England)
  3. Other Schemes

    Government Grants and Support Directory

    The Grants and Support Directory (GSD) allows you to search for potential sources of help with starting up or business development. The database contains grant and support schemes from central and local government as well as private organisations. Some of the schemes offer financial assistance, while some offer free or subsidised services ranging from advice through to practical involvement with projects. While many schemes are available nationally, some are targeted locally. Depending on your location, type of business and what you need the funds for, you may be eligible for a number of schemes in the GSD.

GBI (formerly known as SFI) - Available for capital expenditure projects taking place within the UK in Tier 1 and Tier 2 Areas, as well as for those undertaken by SME's in Tier 3 areas, and which will create and/or safeguard jobs. Grants from £10Kare possible.

Small companies that employ less than 50 people can apply for up to 20% of the project costs as an GBI grant.

Medium companies that employ between 50 and 249 people can apply for up to 10% of the projects costs as an GBI grant.

Assisted Areas designated Tier 3 are:

East of England: Castle Point, Fenland, Great Yarmouth, Luton, Maldon, Norwich, Southend-on-Sea, Tendring, Waveney;
East Midlands: Ashfield, Bolsover, Chesterfield, Leicester, Lincoln, Mansfield, North East Derbyshire, Nottingham;
London: Barking and Dagenham, Bexley, Brent, Camden, Croydon, Ealing, Enfield, Greenwich, Hackney, Hammersmith and Fulham, Haringey, Hounslow, Islington, Kensington and Chelsea, Lambeth, Lewisham, City of London, Newham, Redbridge, Southwark, Tower Hamlets, Waltham Forest, Wandsworth, Westminster;
North East: Alnwick, Berwick-upon-Tweed, Blyth Valley, Chester-le-Street, Darlington, Derwentside, Easington, Gateshead, Hartlepool, Middlesbrough, Newcastle upon Tyne, North Tyneside, Redcar and Cleveland, Sedgefield, South Tyneside, Stockton-on-Tees, Sunderland, Wansbeck, Wear Valley;
North West: Allerdale, Barrow-in-Furness, Blackburn with Darwen, Blackpool, Bolton, Copeland, Crewe and Nantwich, Ellesmere Port and Neston, Halton, Lancaster, Manchester, Pendle, Rochdale, Salford, Wigan;
South East: Brighton & Hove, Canterbury, Gravesham, Hastings, Isle of Wight, Medway Towns, Oxford, Portsmouth, Shepway, Swale, Thanet;
South West: Plymouth, Teignbridge, Torbay, West Somerset, Weymouth and Portland;
West Midlands: Birmingham, Coventry, Oswestry, Sandwell, Stoke-on-Trent, Walsall, Wolverhampton;
Yorkshire and the Humber: Bradford, Kingston upon Hull, North East Lincolnshire, Wakefield.

Note: It is always wise to check the designation of a project area as being within the approved aid map. This can be done via GRA, local authority, SBS, RDA or DBERR.

 

Assisted Areas - England

ASSISTED AREA MAP

English regions are divided into the nine RDA's as shown above.

Grant Aid (GBI): Grant Aid of more than £2M is usually referred to BIS in London for direct appraisal - this grant is only available for exceptional cases.

GBI under £2M: Grant Aid of up £2M is usually appraised by the GBI section of the relevant RDA in which the project is to take place - no longer available.

The minimum grant that can be applied for is £10,000, so a company will need to be spending between £50,000 and £100,000 to trigger the minimum amount of grant. This will depend on the location of the project and also the size of the business.

GBI for SME's in Tier 3 areas:For SME's in Tier 3 areas, for example, if a company employs 200 people and the project is located in a Tier 3 area, it is eligible to apply for 10% of the project costs as an GBI grant. So it would need to be spending £100,000 on capital items to trigger the minimum grant.

Wales has similar aid schemes as the English Regions but delivered through the Welsh Assembly Government as RSA Cymru through the Single Investment Fund.

Scotland's similar aid schemes in the form of RSA are delivered by the Scottish Parliament.


Key Grant Areas are:

Tier 1: Articles 87(3)a

Tier 2: Articles 87(3)c

Tier 3: Areas of identified special need agreed with the European Union in 2007



Click on tabs to go to pages with specific and relevant detail for either England, Wales or Scotland
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13.12.10 GRA 2003-2011

 

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