The Barclay’s £500m growth fund has just launched and is intended to assist small and medium-sized businesses in the North of England and to support the Government’s Northern Powerhouse initiative. The fund has especially favourable terms for logistics, transport and manufacturing companies, helping companies to grow and add new jobs.

 

The fund is meant to help the UK meet economic challenges and opportunities that have risen due to the digital revolution and increasing globalisation. Businesses eligible for this fund are likely also eligible for the government’s R&D Tax Credit. There is a vast array of activities that will qualify your business for up to 33p for every £1 spent.

 

Businesses that are expecting an R&D tax return can access their funds up to 6-months early simply by working with Fundsquire. Business owners and financial directors should contact our UK partners to take advantage of this unique new product that helps businesses access funds when they need it most.