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The Coventry and Warwickshire ERDF Investment Fund offers grants of £1,000 to £50,000. Small and medium sized enterprises with fewer than 250 employees are encouraged to apply for grants of up to 30% of the costs of capital investments including machinery or equipment, hardware/ software, refurbishment or purchase of new premises. Applications are welcomed from all sectors except retail and are available to established and new start-up businesses needing financial assistance.

The Investment Fund is part funded by the European Regional Development Fund as part of the Coventry and Warwickshire Business Support Programme.