Productivity Grants: WYCA

Grant support of between £5,000 and £25,000 is available to selected businesses in West Yorkshire where the advisory element of the project has identified a need to invest in new technologies and/or equipment that will accelerate productivity improvements. 

In order to access financial support, you will first need to have been in receipt of advisory support.

Your business must:

• Have between 5 and 100 employees
• Be based, or looking to locate, in West Yorkshire (Bradford, Calderdale, Kirklees, Leeds or Wakefield).
• Have been established for at least 12 months and operate from commercial premises.
• Generate the majority of turnover from trading with other businesses.
• In respect of the grant element only have access to match funding to invest alongside the grant. Please note that the minimum grant is £5,000 at an intervention rate of 25%, therefore minimum total project costs are £20,000 and you must have at least £3 of funding available to invest for every £1 of grant awarded.

Your project must:

• Demonstrate, how with advisory intervention, it will lead to productivity improvements within your business.
• Consist of capital investment in new technologies/equipment, or land/premises to achieve meaningful improvements in productivity and growth.
• Create one job paying above the Real Living Wage for every £15,000 of grant received, and/or upskill existing employees through accredited training for every £5,000 of grant received. In terms of the latter, eligibility will be determined on a case by-case basis. 

Express your interest via e-mail at business@westyorks-ca.gov.uk or by phone on 0113 348 1818.

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