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Innovation Investment Loan Fund 

A new Innovation Investment Loan Fund (i3) opened to receive pre-applications from Friday 25th August 2017 to 11th September 2017.  

The Innovation Investment Loan is supported by the South East Local Enterprise Partnership’s Local Growth Fund.   

The scheme primarily offers 0% loans between £100,000 and £500,000 to small and medium sized businesses with the potential for high growth, ability to create new jobs and demonstrate innovation within their sector/business. Businesses based in the local authority areas of Ashford, Canterbury, Dartford, Dover, Gravesham, Maidstone, Medway, Sevenoaks, Shepway, Swale, Thanet, Tonbridge & Malling and Tunbridge Wells are invited to apply.    Loans can be used to develop new or expand existing innovative products, services or processes that will lead to new jobs, deliver innovation and business growth. 

Although the latest call is now closed, there may be further calls for proposals during 2017-18, so it is worth companies registering an interest via the Kent County Council website to be kept informed about future calls.

Further information, the applicant’s Guidance Notes and access to the on-line Pre-Application can be found using the following link: http://www.kent.gov.uk/business/business-loans-and-funding/innovation-loans.