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Grants and External Funding

Please use the menu below to access information on grants and external funding news and resources. 

 

Open 4 Business Portal

Open 4 business logo image

To support our businesses during the current COVID-19 crisis, and into the recovery phase, Carlisle City Council is providing free access to Open 4 Business. Open4Business is designed to support businesses locate relevant up to date funding opportunities.

The portal is updated regularly with new local, regional and national funding announcements and can be easily searched by businesses on the basis of their industry, region and business size. The portal then provides information on how to apply for funding and contact funders directly. To search for grants for your business you will first need to register on the Open4Business website

GO TO OPEN 4 BUSINESS

Grants and Funding News
18May

Innovate UK Announces COVID-19 Continuity Grants and Loans

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Innovate UK (IUK) is aiming to sustain existing and continuing innovation in the UK’s research and development (R&D) intensive companies through the current coronavirus (COVID-19) challenges, and the resulting longer-term economic impact. Businesses that are existing award holders can access continuity grants, loans and additional business advisory support services.

Continuity grants

Up to £90 million is available in continuity grants, paid upfront, to SMEs that are existing IUK award holders at risk of abandoning their project due to a sudden shortage or even unavailability of funds directly related to COVID-19. These grants are for organisations that expect to have a funding gap (between £25,000 and £250,000) in the remaining period of their project because they are facing loss or damages, such as reduced access to capital, cancelled orders or increases to costs, and are therefore seeing cash flow disrupted as a result of COVID-19.

Continuity loans

Up to £210 million is available in continuity loans to SMEs that have a challenge in continuing a live project for which they have an award from IUK. This loan may be suitable for those needing funding of between £250,000 and £1.6 million.

Individuals, academic institutions and research organisations are not eligible. Only single businesses can receive the grant or loan, so each participant in a consortium funded through collaborative R&D must apply separately.

The continuity grants scheme closes on 29 May 2020. Continuity loans will be open for applications until all the money is allocated or 31 December 2020 - whichever is earlier.

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Addresses and contacts

For further information on how to obtain this grant locally, please contact the following:

  1. Enquiries
    Innovate UK (IUK)
    Polaris House
    North Star Avenue
    Swindon
    Wiltshire
    SN2 1FL
    Tel: 0300 321 4357
    Email: [email protected]

 

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