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Economic Growth Fund

Funding to drive growth across Surrey is now available to businesses and organisations across Surrey.

We have pooled a range of public and investment streams, such as UK Shared Prosperity Funding from government, into one Economic Growth Fund.

The idea is to make it as simple and easy-as-possible for those looking to drive growth to apply for funding.

It will see millions of pounds invested to drive growth, creating jobs, improving infrastructure, increasing productivity and upskilling our workforce.

How does it work?

Round two is now open for Business Growth Grants only.

You can apply if your business is: 

  • based in Surrey 
  • small or medium-sized enterprise (SME)
  • able to provide match-funding for at least 50% of total project costs 
  • able to deliver the project by March 2026 

Projects must clearly demonstrate how they will contribute to economic growth in Surrey – such as creating new jobs, boosting productivity or supporting innovation.

Bids will be assessed against a set funding criteria with decisions taken by an independent panel, including business representatives.

Available funding

Business Growth Grants are open to all small and medium size businesses in Surrey.

The award is a match-funded grant of between £10,000 and £75,000, covering up to 50% of eligible project costs.

Funding can support: 

  • Purchasing new equipment or technology
  • Developing new products or services
  • Expanding operations or facilities
  • Investing in staff training and upskilling 

We particularly welcome applications from rural businesses, farms, and those contributing to the rural economy.