Quick Look Guide

Grant for Business Investment 2008-2013

GBI 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 GBI 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 – covers the entire South East region where only Small & Medium-sized Enterprises (SMEs) are eligible to apply.

 Grant Amount

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

Up to 20% of eligible project costs (max. grant £2.5m)

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

Up to 10% of eligible project costs (max. grant £1.25m)

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

 Grant Amount

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

Up to 35% of eligible project costs.
Medium Enterprises - less than 250 group employees, turnover < €50m or balance sheet < €43m Up to 25% of eligible project costs up to £1.25m
Large Enterprises – more than 250 group employees, turnover > €50m or balance sheet > €43m Up to 15% of eligible project costs.
Brian Short Brian Short and Jim Miller, Grant Advisors, Se-gaS,
165-167 Northdown Road, Cliftonville, Margate, Kent CT9 2PA .
Brian Short - Tel: +44 (0)7721 452294 - Jim Miller Tel: +44 (0)7980 866131
http://www.se-gas.co.uk