Elevator Grants for Creative and Digital Businesses

Businesses in the creative or digital sectors can now apply for an Elevator grant

If you have a creative or digital business in Nottinghamshire or Derbyshire, then you could receive an Elevator grant to support your business growth. Small-medium sized enterprises (SMEs) in creative or digital industries (CDI) can apply for a grant now.

Elevator Grants Overview

If your creative or digital business needs to buy in expertise or talent for a specific project, the Elevator grant will provide a subsidised fee of 30% towards the cost of hiring an individual. This could range from hiring a graphic designer to a project manager, as long as it helps your business to grow.

The breakdown of what is available to you

Total eligible project spend

Total grant claimable (30% of total project spend)

£3,500

£1,050 – grant minimum

£5,000

£1,500

£7,500

£2,250 – grant maximum

Businesses must be able to pay for the full project spend and cannot use any additional third party loans or grants to pay for the project.

Eligibility

    • You are an SME and have less than 250 employees
    • Your business is in the creative or digital sector
    • Your business is registered with HMRC or Companies House
    • You have commenced trading
    • You are based in Nottinghamshire or Derbyshire
    • You are seeking to buy in expertise or skills in order to grow your business

How do you apply?

Complete an Expression of Interest Form and return it to Bighouse@ntu.ac.uk if you wish to apply for an Elevator grant. Your application will undergo eligibility checks and the Big House team at Nottingham Business School will consider which applications will receive funding. You will receive a response within 21 days on whether your application has been successful.

Successful applicants will receive a full application to complete and will need to provide three quotes for the talent required. The Big House team will guide you through the process.

What is The Big House?

The Big House programme offers free business support services to small-medium sized enterprises and entrepreneurs in the creative or digital sector in Nottinghamshire and Derbyshire. It is delivered by several partner organisations and is supported by the European Regional Development Fund. This is a three year programme ending in 2019.

Partners include Derby Quad, The Creative Quarter, University of Derby, New Art Exchange, NBV: Enterprise Solutions Ltd and Derby Theatre.

Elevator Grants for Creative and Digital Businesses

Published on 8 June 2017
  • Subject area: Business, management and marketing
  • Category: Nottingham Business School

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