Enterprise M3 (EM3) is looking to support new innovative capital projects across Hampshire and Surrey through its loan and grant scheme, The Future Fund.
Up to £10 million of capital funding is available for projects focusing on innovation, achieving Net Zero by 2050, digital connectivity, and green or digital skills.
Projects can range from demonstrators and pilots, to requests for seed funding as well as larger capital schemes.
The aim of The Future Fund is to help EM3, which is a Local Enterprise Partnership (LEP), to deliver its vision for a low carbon, high growth economy, by supporting a small number of high-quality projects. The LEP is looking to assist growing businesses, help drive economic growth and create new or safeguard jobs. It also seeks to promote inward investment into the EM3 region, provide CO2 savings and enable new learning or learning spaces.
EM3 welcomes high-quality applications for The Future Fund from businesses, business support organisations, universities and colleges, plus public sector organisations, including local authorities, as well as the third sector, such as registered charities, community groups and social enterprises.
The application process for the current round of funding is open until 12 noon on 15 September, by when a draft business case should be submitted using a template which can be downloaded from The Future Fund page.
Stephen Martin, Managing Director of Enterprise M3 said: “We are very much looking forward to receiving some exciting and innovative submissions from growing businesses and organisations that will help drive economic growth and make a positive difference to the EM3 region.
“As we are accepting applications for a limited time, I would urge those interested to ensure their submissions are made before the 15 September deadline.”
Click here for full details including guidance and the application process timelines.
For further information email EM3FutureFund@enterprisem3.org.uk
Where
Address:
Belvedere House
Basingstoke
RG21 4HG
United Kingdom
From 1 April 2024, the responsibility for LEP functions across the Enterprise M3 LEP region has transferred to Hampshire County Council and Surrey County Council.
The Enterprise M3 Board met for the last time in March 2024 and Enterprise M3 LEP is no longer operating as an organisation.
For any enquiries relating to economic development across the counties of Hampshire and Surrey, please visit the Hampshire County Council website and Business Surrey respectively.
Please note that Enterprise M3 LEP staff have transferred to Hampshire County Council to continue to deliver services and activities in Hampshire, including the Growth Hub, the Careers Hub, work on key business sectors, and trade and investment.
They can be contacted at economic.development@hants.gov.uk.
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