Designated as a Growth Point and home to the UK’s most successful Enterprise Zone, the Dover district offers significant incentives for new and growing businesses.
Businesses locating to the Discovery Park Enterprise Zone can benefit from Business Rates discounts of up to £275,000 along with tax breaks on capital investment.
NEW LAUNCH! Innovation Investment Loan Fund (i3)
Innovation Investment Loan Fund (i3) is open to receive pre-applications from 1 June 2018 (closing at 12 noon on 25 June 2018). The Innovation Investment Loan is supported by the South East Local Enterprise Partnership’s Local Growth Fund.
The scheme offers 0% loans between £250,000 and £999,999 to small and medium sized businesses with the potential for high growth, ability to create new jobs and demonstrate innovation within their sector/business. Businesses from the Ashford, Canterbury, Dartford, Dover, Gravesham, Maidstone, Medway, Sevenoaks, Shepway, Swale, Thanet, Tonbridge & Malling and Tunbridge Wells local authority areas are invited to apply. Loans can be used to develop new or expand existing innovative products, services or processes, will lead to new jobs, deliver innovation and business growth.
Further information, see the Guidance Notes and access to the on-line Pre-Application.
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