Funding worth millions is now available from Surrey County Council for innovative ideas to drive growth across Surrey.
Businesses, employer representative groups and partner organisations (including SCC teams) are all invited to apply for investment from the new Economic Growth Fund.
Up to £7 million is available for this financial year – with grants awarded to those demonstrating how they will boost economic outcomes for the people, places and businesses of the county.
Applications for the first round are now open and due to close at the end of May via the Business Surrey website. There are three areas of focus:
- Business Growth Grants to support companies scale up and create jobs. Match funding of between £10,000 and £50,000, covering 50% of project costs is available.
- The Innovation Spaces Fund focuses on physical infrastructure, such as training hubs, collaborative workspaces, and testing facilities. Bids of £50,000 and upwards are welcomed.
- The Future Surrey Fund will support a small number of high-quality innovative proposals that deliver economic impact at scale. It is open to anyone, including SCC teams, employer representative groups, local authorities, health bodies, research institutions and schools.
The launch comes as the Council also publishes Surrey’s Economic Growth Strategy 2025 to 2035, which sets out the long-term focus and priorities to drive sustainable growth in the county for the next decade.
