East Midlands Chamber secures £8.9m in Government funding

The East Midlands Chamber has secured £8.9m in public funding until March 2025 for its Accelerator project.

This project aims to help businesses across Derbyshire, Nottinghamshire and Leicestershire.

This initiative, focused on net zero, innovation, digital, and finance, provides a unified entry point for business support and assists companies at all stages of development.

It includes contracts, such as the UK Shared Prosperity Fund (UKSPF), Innovate UK EDGE aiding SME growth, and Made Smarter East Midlands supporting manufacturers in adopting advanced technologies.

Diane Beresford, deputy chief executive of East Midlands Chamber, said: “The East Midlands Chamber Accelerator programme has been carefully designed to provide businesses across the district with the right support, at the right time.

“At the heart of the project is a team of locally-based advisers and specialists, employed by the Chamber, who will offer high-intensity support to businesses seeking to grow, create new jobs or exploit technology to improve performance.

“Working with an adviser or specialist will be a key ingredient for businesses interested in taking advantage of Accelerator support and a diagnostics report will show them where best to point their energies.”