Digital Growth Grant worth over £12million opens soon

The Department for Digital, Culture, Media and Sport (DCMS) is launching a £12.09 million Digital Growth Grant, and will open for applications this June.

The grant will focus on opening up access to skills training and advice and providing support services to the digital and tech sector over two years.

Bids will be invited to address identified market failures and accelerate the growth of tech start-up and scale-up ecosystems across the regions and nations of the UK. The successful bidder will be awarded up to £12.09 million to be spent over two financial years 2023/24 and 2024/25.

The objectives include:
• Delivering support services to the digital sector;
• Ensure founders and firms can access digital entrepreneurship and investment readiness training;
• Developing the growth of regional support networks for tech start ups and scale ups; and
• Promoting and raising awareness of the strength and competitiveness of the UK tech sector.

The competition will be run this summer and the successful organisation will receive the funding from Saturday 1 April 2023. Further details on the eligibility criteria and application process will be published in due course

Timelines are indicative only and subject to change.

1. June 2022: Applications open
2. August 2022: Applications close
3. September 2022: Successful bidder notified
4. April 2023: Successful bidder to begin activities
5. April 2025: Funding end date

Click here to find out more on gov.uk