NEW LAUNCH! Discovery Park Technology Investment Fund
NCL Innovation, the UK’s leading early stage technology investor, has set up the Discovery Park Technology Investment Fund, which will help cutting edge science and technology firms to get their products or treatments to market.
The new £5m equity funding scheme is managed by NCL and supported by Kent County Council and the Regional Growth Fund with the companies supported by the scheme given the investment and backing they need to become a commercial success.
NCL Innovation has a strong track record in working with science and technology pioneers to bring new products and treatments to market. They add value by providing access to capital, commercial and technical networks. Read the case study to find out how they helped FutureNova bring an innovative new product to the NHS.
For more details, contact NCL Innovation
Small Business Boost
Does your small business need a boost? The Small Business Boost scheme is also part of Expansion East Kent and is still open to new applications. It offers 0% interest loans between £2,000 and £50,000 for start-ups, small businesses and social enterprises looking to expand and create new jobs. You'll need to have been in business for less than six years, currently have fewer than 50 employees, and not yet paying dividends.
For details, and to apply: www.kent.gov.uk
Companies in receipt of Expansion East Kent Funding
Companies operating in the Dover District have gained access to over £14.7 million in funding from Expansion East Kent, creating and safeguarding 851 jobs.
Companies in Discovery Park
| Company | Expansion East Kent Funding | Total Jobs (FTEs) |
|---|
| PurOgenix |
£4,800,000 |
165 |
| Viking Recruitment Ltd |
£1,300,000 |
72 |
| X-Wind Power Ltd |
£1,000,000 |
111 |
| Sandwich Leisure Ltd |
£300,000 |
25 |
| AlgaeCytes Ltd |
£500,000 |
22 |
| Mylan |
£413,000 |
80 |
| Baypoint Club Ltd |
£400,000 |
44 |
| London Fancy Box Co Ltd |
£385,000 |
40 |
| EligoChem Ltd |
£140,000 |
12 |
| Flying Fish Hovercraft |
£138,330 |
32 |
| Fudge Kitchen Ltd |
£110,000 |
19 |
| TRN - The Research Network Ltd |
£100,000 |
13 |
| Creative Minds Nursery Ltd |
£100,000 |
14 |
| Agalimmune Ltd |
£99,995 |
4 |
| Cleantec Innovation |
£85,000 |
6 |
| Miles & Barr (Dover) Limited |
£50,000 |
7 |
| Choochoos Nursery |
£40,000 |
20 |