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Quick Look Guide

Selective Finance for Investment in England (SFIE) 2007-2013

SFIE is a Department for Business, Enterprise and Regulatory Reform (BERR) national grant scheme, delivered by SEEDA in the South East region. The grants are discretionary and projects are selected on an individual basis dependent on fit with the SFIE criteria and SEEDA’s Regional Economic Strategy.

Amount of grant depends upon company size and location, eligible project expenditure, number of jobs created or safeguarded, job skill levels and project quality.

Tier 3 Areas - Small & Medium-sized Enterprises (SMEs) can apply.

 Grant Amount

 Minimum expenditure

 Small Enterprises
(less than 50 group employees, turnover or balance sheet <€10m)

Up to 15% of eligible project costs (max. grant £2.5m)

£67,000

 Medium Enterprises
(less than 250 group employees, <€50m turnover or balance sheet <€43m)

Up to 7.5% of eligible project costs (max. grant £1.25m)

£134,000


 Assisted Areas (Tier 2*) – Large corporates and SMEs can apply

 Grant Amount

 Minimum expenditure

Thanet (all 23 wards) and
3 wards in Dover (Eastry, Sandwich and Whitfield)

Up to 15% of eligible project costs + an additional discretionary supplement of:
+ 10% for medium-sized enterprises; or
+ 20% for small-sized enterprises

£67,000


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