Firms from Brighton and Hove have just days left to apply for funding to help them grow from the new Coast to Capital Business Growth Grant programme.
The Coast to Capital (C2C) Local Enterprise Partnership said that it had secured £3 million from the government’s Regional Growth Fund.
The money is intended to create jobs and growth, in particular, in the green technology sector locally.
C2C chief executive Ron Crank said: “We are inviting applications from innovative SMEs (small and medium-sized enterprises) that are looking to expand and create new jobs.
“The new programme will provide funding directly to high-growth, high-innovation businesses who have developed new ideas, products, services and intellectual property to the point where they are ready to exploit market opportunities, and importantly, create new jobs.”
Grants of between £5,000 and £100,000 will be available to eligible businesses and those of a higher value will be considered where a greater impact on employment growth can be shown.
The money may be spent on a wide range of eligible items including research and development (R&D) projects, skills development or business premises and other capital items.
The deadline for applications is Monday 9 December.
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