Grant fund worth £4m available to qualifying businesses in Cumbria

I’ve recently been working with two of my clients who previously secured in excess of £100,000 of grant funding to assist the expansion of their businesses. This funding has enabled both businesses to achieve both growth in turnover and growth in Cumbrian employment, which is great news for the Cumbrian economy.

I was pleased to see the Cumbria Chamber announced last month local businesses were welcome to apply for grants of between £10,000 and £1,000,000 from the latest Cumbria Growth Fund. The grants are focussed on businesses that are in the manufacturing industry, or B2B sector.

The Chamber has made it very easy to see if your business is eligible with a simple ‘expression of interest’ form. You will then be contacted to discuss eligibility, and either invited to submit a full application, or be told why you do not qualify.

If your business has less than 250 employees, a free Growth Hub advisor will help with the ‘expression of interest’ and full application if applicable. Contact Lydia at the Cumbria Chamber: or call 0845 226 0040 for further information.

If your business has more than 250 employees, you can save time and assess eligibility and discuss the percentage of grant funding required by contacting Suzanne: or call 0845 226 0040.

Examples of eligible expenditure can include the following:

Capital Expenditure

  • Land and buildings, including the purchase or lease of larger premises, premises extension and re-fit
  • Plant, equipment and machinery
  • Salary costs of new employees whose jobs have been created as a result of the project

R&D Expenditure

  • Salaries (supported by timesheets)
  • Overheads
  • Materials
  • Costs of instruments and equipment
  • Consultancy and other external costs

Training Expenditure (if associated with an investment project which will create/safeguard jobs)

  • Trainers’ personnel costs for time spent delivering training
  • Trainers’ and trainees’ operating costs directly linked to the project
  • Maximum training costs is 10% of project spend

Excluded business sectors

  • Business start-ups
  • Fisheries and agriculture
  • Coal & steel sectors
  • Retail
  • Local services
  • Tourism (including hotels and leisure facilities)
  • Warehousing
  • Construction
  • Education
  • Health service (including medical services and residential care)
  • Public sector
  • Infrastructure
  • Franchise operations
  • Property development and investment

If you would like to talk through your project plans please do get in touch and we can see how to arrange the most suitable finance for your business.

Grant Smith

If you like this article and would like our FREE updates sent straight to your inbox then subscribe to our monthly newsletter


Get in touch

To find out more about how we can help you or your business, call us on 0808 144 5575 and speak to a member of our team. Alternatively use our contact form to send us a message or arrange a callback.

CALL 0808 144 5575


Contact Us

All content © 2015 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.

Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is 15 Victoria Place, Carlisle, CA1 1EW where a list of members is kept. Armstrong Watson Accountants, Business & Financial Advisers is a trading style of Armstrong Watson LLP. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities.

Armstrong Watson Audit Limited is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales No. 8800970. Registered office: 15 Victoria Place, Carlisle, CA1 1EW

Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales No. 7208672. Armstrong Watson Financial Planning & Wealth Management is a trading name of Armstrong Watson Financial Planning Limited. Registered Office: 15 Victoria Place, Carlisle, CA1 1EW