EEDA and DTI
Selective Finance for Investment (SFI)
Location Luton, Dunstable, Great Yarmouth and Lowestoft
Dates

Deadline for applications: Ongoing

Aims

Objective of the funding opportunity:
The fund is designed for businesses that are considering investment in an Assisted Area, but need financial help in order to do so. Financial support is available to businesses of all sizes located in or planning to locate in Assisted Area.

Support is available for:
- Launching a new business
- Modernising, expanding or reorganising an existing business
- Upgrading a business
- Taking new products, services or processes form the development phase to production

It aims to help the following client groups:
Those in work
Entrepreneurs
FRESA priorities The funding opportunity fits with the following FRESA priorities:

High priorities:
Higher level skills

Medium priorities:
Business investment
Enterprise
Innovation

More information on the FRESA
The following labour market factsheets contain evidence to support bids for this funding: 
Labour Market Factsheet
Eligibility Eligible Organisations:  Any organisation in an Assisted Area
Accreditation Organisations must have the following accreditation to bid: No accreditation is needed
Amount available Funding available:
The minimum amount is £10,000.
Successful businesses typically receive around 10 to 15% of the total capital expenditure
Application

You will need the following documents to apply :
Application Form
Financial Appendices

Contact

For further information contact:  

East of England Development Agency
The Business Centre
Station Road
Histon
Cambridgeshire
CB4 9LQ

Telephone: 01223 713900

Weblinks

Other useful websites:
EEDA Website