Are you eligible for an Elevator grant?

By Mary Dansie, Nottingham Trent University

Did you know that your business could be eligible for an Elevator grant?

NTU Grant Blog.pngCreative and digital businesses in Nottinghamshire and Derbyshire wanting to buy in external expertise can access a grant which refunds them 30% of the supplier costs. Projects should be temporary and related to supporting business growth. Elevator grants are available from the Big House team at Nottingham Trent University.

 
The breakdown of what is available to you:
 

Total eligible project spend

Total grant claimable (30% of total project spend)

£3,500

£1,050 – grant minimum

£5,000

£1,500

£7,500

£2,250 – grant maximum

 

Something to note: the project cost must be covered by the applicant and cannot be paid through any additional third-party loans or grants.

Are you eligible?

For the Elevator grants, your business needs to be:

  • in the creative or digital sector
  • based in Nottinghamshire or Derbyshire
  • an SME (small to medium businesses have fewer than 250 employees)
  • trading or are ready to trade
  • registered with HMRC or Companies House
  • buying in talent for a specific project related to the growth of your business.

So what’s first?

To apply, you can complete and submit an Expression of Interest Form. Once this has been approved eligible applicants will complete a full application and will need to provide three written quotes for the suppliers. Have a read of our guidelines for more details on the application process.

Drop us a Line

Get in touch with the Big House team at NTU at Bighouse@ntu.ac.uk to submit your form. We can guide you through the process and answer any queries you have.

What is The Big House Programme?

The Elevator grants are part of Nottingham Business School’s offer in the Big House programme. The Big House is a partnership of several organisations who all deliver different kinds of support to different types and sizes of creative and digital businesses. The Big House partners are Nottingham Trent University, Derby Quad, Creative Quarter, University of Derby, New Art Exchange, NBV: Enterprise Solutions Ltd and Derby Theatre.

The programme is part of a £5 million investment in the creative or digital industries in the D2N2 Local Economic Partnership area. It is part-funded by the European Regional Development Fund and will run until 2019.

https://www4.ntu.ac.uk/services_for_business/support/elevator/grants/index.html