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Expansion East Kent

NEW LAUNCH!  Discovery Park Technology Investment Fund

NCL Innovation, the UK’s leading early stage technology investor, has set up the Discovery Park Technology Investment Fund, which will help cutting edge science and technology firms to get their products or treatments to market.

The new £5m equity funding scheme is managed by NCL and supported by Kent County Council and the Regional Growth Fund with the companies supported by the scheme given the investment and backing they need to become a commercial success.

NCL Innovation has a strong track record in working with science and technology pioneers to bring new products and treatments to market.  They add value by providing access to capital, commercial and technical networks.  Read the case study to find out how they helped FutureNova bring an innovative new product to the NHS. 

For more details, contact NCL Innovation

Small Business Boost

Does your small business need a boost?  The Small Business Boost scheme is also part of Expansion East Kent and is still open to new applications.  It offers 0% interest loans between £2,000 and £50,000 for start-ups, small businesses and social enterprises looking to expand and create new jobs.  You'll need to have been in business for less than six years, currently have fewer than 50 employees, and not yet paying dividends. 

For details, and to apply: www.kent.gov.uk 

Companies in receipt of Expansion East Kent Funding

Companies operating in the Dover District have gained access to over £14.7 million in funding from Expansion East Kent, creating and safeguarding 851 jobs.

Companies in Discovery Park
CompanyExpansion East Kent FundingTotal Jobs (FTEs) 
PurOgenix £4,800,000 165
Viking Recruitment Ltd £1,300,000 72
X-Wind Power Ltd £1,000,000 111
Sandwich Leisure Ltd  £300,000 25 
AlgaeCytes Ltd £500,000 22
Mylan  £413,000 80
Baypoint Club Ltd £400,000 44
London Fancy Box Co Ltd £385,000 40
EligoChem Ltd £140,000 12
Flying Fish Hovercraft £138,330 32
Fudge Kitchen Ltd £110,000 19
TRN - The Research Network Ltd  £100,000 13
Creative Minds Nursery Ltd  £100,000 14
Agalimmune Ltd £99,995 4
Cleantec Innovation £85,000 6
Miles & Barr (Dover) Limited £50,000 7
Choochoos Nursery £40,000 20