Apply for an Innovation Loan today

The Innovation Investment Loan scheme (i3) is funded by the South East Local Enterprise Partnership, Local Growth Fund and aims to deliver £1.8m of loans to local businesses in 2017/18.

The scheme offers 0% loans between £100,000 and £500,000 towards the development of innovation incubator spaces and other work spaces aimed at start-up and small businesses within the Kent and Medway areas – including Ashford!

This scheme is open to new pre-applications from 25 August 2017 and closes at midday on 11 September 2017.

For details on how to apply and organisations that can support your application visit the business loans and funding section of Kent County Council’s website.

Cllr Graham Galpin, Ashford Borough Council’s portfolio holder for Business, said:

“This is a really good opportunity for Ashford businesses with less than 250 employees to submit a pre-application and be in the running for one of these loans. I am keen for Ashford businesses to take advantage of this excellent offer.

“We are an authority that demonstrates innovation ourselves and recognises innovation in the borough’s businesses. I would like to encourage eligible businesses to seize this opportunity and grow their business.”