One week to go: Business Investment Fund expressions of interest

Oxfordshire businesses have one week left to submit an expression of interest to OxLEP Business’ latest initiative the Business Investment Fundand the organisation is reminding interested parties to have their submission ready ahead of next Friday’s deadline.

The new £2.1million capital fund – created to support Oxfordshire’s business community to move into an effective renewal phase following the COVID-19 pandemic – aims to support scalable businesses from across the county through matched grantsranging from £25000 through to £100000 per business.

Through funding eligible Oxfordshire businesses will be expected to deliver outcomes for the county’s economy through several key areas including; the acceleration of investment plans rebuilding operations and developing market opportunities harnessing opportunities for technology adoption and innovationplus supporting a business’ transition to a net-zero future.

The scheme – which is being administered by the OxLEP Business team – is funded by the Government’s Getting Building Fund which aims to accelerate economic recovery following the Coronavirus outbreak. 

Eligible businesses must have been trading in Oxfordshire for at least two full financial yearswith cash from the fund required to be matched at a minimum of 50% of any total project value. The first stage of the application process will see businesses complete an Expression of Interest (EOI) form. All EOIs for the fund must be received by OxLEP Business by 5pm on 19 March.

To support businesses with their applicationOxLEP encourages businesses to watch the fund launch event and supporting fund EOI guidance webinar:

 WATCH AGAIN: Launch event – The Business Investment Fund

WATCH AGAIN: How to create an effective Business Investment Fund

Find out more on the Business Investment Fund and create an expression of interest for the fund