Grant for Business Investment in England (GBI)

This grant replaces the previous SFI (Selective Finance for Investment) grant. The aim of the GBI scheme is to encourage capital investment in projects that lead to long-term improvements in productivity, skills and employment.

If you spend money on assets such as machinery, and job opportunities are created as a result of your investment, there may be grant assistance available on up to 35% of what you spend.

GBI is a discretionary grant and most manufacturing businesses are eligible to apply, as are businesses in service industries that supply a national rather than local market. Applicants can be all sizes of companies, partnerships or soletraders; however the grant is not available to simply transfer jobs from one part of the country to another. Assistance can be provided to:

• Establish a new business
• Expand/ modernise/ rationalise an existing business
• Set up research and development facilities
• Enable businesses to take the next step from development to production

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