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^350k Grant Funding – Apply Now for Fast Approval

Q: What amounts can £350k grant funding cover

Scheme-specific caps and minimum grant sizes determine the final award level. In many cases, grant funding can be within a range of £25,000 to £400,000, depending on eligible cost categories, how well your project matches scheme objectives, and competition in the application round.

Q: How long does a £350k grant decision take

Timescales depend on the scheme process and the completeness of the application pack. Initial decisions often take 2–8 weeks for eligibility screening after submission, with final outcomes sometimes taking 8–20+ weeks from submission. If successful, first milestone or claims payments may arrive after milestone evidence is agreed.

Q: Are there interest rates or loan fees for grants

No. Grant funding is non-repayable, so there are no interest rates and no loan fees. Some businesses still incur non-recoverable preparation costs, such as reports or quotes, depending on their approach and whether the scheme allows specific costs.

Q: What types of projects can £350k grants support

£350k grant funding can support different project types, including innovation and R&D, productivity equipment and growth, and skills and workforce development. Each route has its own eligibility requirements, such as a defined project plan for R&D or a training and workforce plan for skills programmes.

£350k grant funding refers to seeking non-repayable financial support for eligible UK SMEs and projects. Many businesses use it to pursue innovation, productivity improvements, equipment-linked transformation, or skills programmes without taking on debt for the full budget. Because grant schemes are competitive and rules vary, SMEs often need help identifying the right fit, preparing a compliant application, and gathering evidence for eligibility and claims. Funding Agent provides SME grant funding advice and application support, helping you align your project plan and costs with what decision-makers expect.

Grant Financing

Secure up to £1,000,000 in Grant Financing with Funding Agent.

Fastest and easiest application process
Dedicated support
Loan disbursed within 24 hours
No additional charges for early repayment

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Why businesses pursue £350k grants

Grant funding is non-repayable, but success depends on matching your project to the correct scheme criteria and submitting an evidence-led bid. Funding Agent helps you interpret the rules, structure the application, and plan for the milestone and claim process. Decision times often start with eligibility screening, then move to final outcomes after assessment capacity and clarifications.

Non-repayable project cash

Milestone based payments

Faster eligibility screening

SCALE YOUR BUSINESS TO NEW HEIGHTS

Types of £350k grant funding

Innovation and R&D grants

Support for SME R&D that goes beyond routine business as usual, with a defined project plan and evidence of innovation.

Innovation and R&D grants

Innovation and R&D grants target eligible technical or scientific development, such as feasibility studies moving to prototype or engineering work that validates new technology. Typical applications require SME status, a credible project scope, and accounting records to support project costs. You will usually need to demonstrate what is new beyond your current capabilities, and ensure there is no or limited double funding on the same costs. Awards can range from tens of thousands up to several hundred thousand pounds, with £350k style budgets possible on larger projects.

Productivity equipment and growth grants

Funding to improve throughput and efficiency through eligible investment, often backed by a clear business case.

Productivity equipment and growth grants

Productivity, equipment and growth grants typically support SMEs investing in eligible capital and associated transformation activity. Common requirements include proving the need for the investment, setting out a delivery and implementation plan, and showing how the project will improve productivity or capacity. Many schemes expect supplier quotes and baseline versus improved KPIs, and some include match funding or restrictions related to existing obligations. Decision timelines frequently include eligibility checks within 4–12 weeks after submission, with total cycles often extending based on round activity and any clarifications.

Skills and workforce development grants

Grants that reduce the cost of workforce training, upskilling, or apprenticeships where eligible.

Skills and workforce development grants

Skills and workforce development grants are aimed at training and workforce capability, which can include upskilling or apprenticeships depending on the programme. Applications usually require a workforce and training plan, delivery location within the UK where relevant, and evidence that training outcomes are linked to job roles or measurable productivity improvements. Some schemes restrict training that has been funded elsewhere through double-funding controls, and may require specific provider structures. Typical award levels often start at £10k and can reach £200k to £350k for broader delivery across cohorts.

Typical Funding Journeys on Funding Agent

Submit your funding request

Our platform enriches your application using business data

Your request is matched to suitable lenders

Receive offers and proceed with the best option

How Funding Agent helps you apply

Check eligibility and project fit

Share your SME details and the project scope, including what you will deliver, where, and the target budget. Funding Agent maps your objectives to likely scheme categories and highlights eligibility constraints so you can focus on a suitable route. online application form

Build the evidence-led bid

We help you structure the business case and cost plan around what the scheme expects. This includes planning a milestone and claims approach, and assembling the narrative and evidence needed so your submission is compliant and ready for review.

Submit and manage claims

If you are awarded funding, Funding Agent supports the application-to-delivery handover. You will receive practical guidance on what evidence is needed for milestones and claims, and how to keep documentation aligned with the grant’s requirements.