Due Diligence Services

Alongside our fund management activities we have successfully managed a number of grant and loan due diligence services for local authorities across the UK. These include:

New Anglia Growing Business Fund: (now closed for new applications)

Originally launched in April 2013, the New Anglia Local Enterprise Partnership Growing Business Fund which is funded by the Government’s Regional Growth Fund, provided grant funding to growth businesses across the whole of Norfolk and Suffolk. The scheme approved £32.6m of grants to 312 projects, which created 3,461 jobs.

Stories from supported companies can be found here: New Anglia Growing Business Fund - Success Stories

New Anglia LEP Business Resilience & Recovery Fund: (now closed for new applications)

The Business Resilience and Recovery Scheme was established to support businesses during the COVID-19 pandemic and during the economic recovery. It provided grants to support short-term business resilience projects and longer-term recovery and diversification projects. The fund approved grants to the total of £5,723,680 to 148 businesses.

Hertfordshire Business Expansion Grant Scheme: (now closed for new applications)

Aimed at growing SMEs across Hertfordshire, the scheme provided grant funding to assist in the purchase of assets and delivery of projects that will increase productive capacity and fuel business growth. The programme was part funded by the European Regional Development Fund and Hertfordshire LEP. The scheme awarded grants to the total of £2.04m to 32 businesses, which has created 119 jobs. A further £3.046m of private sector matched funded has also been secured.

Cambridge and Peterborough Combined Authority: (now closed for new applications)

We worked with the Cambridgeshire and Peterborough Combined Authority and their CPCA Covid Grant Scheme to support businesses across the CPCA region. A total of £1.1m grants were approved to 25 businesses. In addition to this through the CPCA Loan/Grant Growth Deal £44,798,838 loans/grant applications assessed to 22 projects, with the total projects costs being £1,057,724,100.

For more information about our grant and loan due diligence services please contact Allen Hall: allen.hall@thefsegroup.com / 07825 699407