Creative England Investments - Fund Now Open
The investments on offer are intended to fuel this fast-growing sector by financing business expansion and new products, leading to the creation of new high-quality jobs and Intellectual Property (IP).
Loans from £50,000 - £250,000 are available with repayment terms ranging from 3-36 months. Interest rates range from 5% - 10%, depending on the risk profile of the applicant.
The loans are offered to established companies to enable them to realise their growth potential. They can support:
- labour costs;
- external specialist costs;
- capital equipment and materials costs where these assets are used solely for the project;
- and other costs, including production costs not covered above.
Examples of eligible projects may include the development of a mobile healthcare application, the development of a new game for tablet or mobile, or e-government content linked to a new service delivery model.
Digital companies based in the English regions, outside of Greater London may apply. Examples of what is meant by ‘digital’ include digital media and web (eg creative software development, digital media, web design, digital content), games (eg gaming and app development), e-commerce and software solutions.
Applications may be made online here at any time.