Businesses in the East Riding have access to more than £500,000 in government funding through the UK Shared Prosperity Fund and the Rural England Prosperity Fund. The grants aim to support growth, innovation, and workforce development across the region.
Businesses can apply for grants of up to £50,000 for projects including capital investment, farm diversification, tourism accommodation development, and carbon reduction initiatives such as solar energy installation. Start-ups can access grants of up to £750, while training grants of up to £1,000 are available to help develop employee skills.
Invest East Yorkshire Business Support Services offers confidential advice to companies of all sizes and sectors. The team assists with identifying funding opportunities, business planning, workforce development, and market expansion, and can connect businesses with specialist support when needed.
Over the past two years, more than 2,000 local businesses have received guidance from Invest East Yorkshire advisers, who operate across the region to support business growth and economic development.