A production line of a bottling plant in a distillery. The bottles have the designs for Silent Pool Distillery, a business in Surrey.
Square image of a production line of a bottling plant. The bottles have the designs for Silent Pool Distillery, a business in Surrey.

Economic Growth Fund

The Surrey Economic Growth Fund is overseen by Surrey County Council with the sole focus of driving economic growth across the region.

Applications are now live for the Business Growth Grant scheme, closing at midnight on 16 November 2025.

Growth Grants application form

About the Economic Growth Fund

Funding to drive growth across Surrey is now available to businesses and organisations across Surrey.

We have pooled a range of public and investment streams, such as UK Shared Prosperity Funding from government, into one Economic Growth Fund.

The idea is to make it as simple and easy-as-possible for those looking to drive growth to apply for funding.

It will see millions of pounds invested to drive growth, creating jobs, improving infrastructure, increasing productivity and upskilling our workforce.

Round one closed in May 2025 and recipients announced in September 2025.

Applications for round two are now open, closing at midnight on 16 November 2025. (Business Growth Grants only)

You also can discover current live available funding opportunities on our Funding and Grants page.

Growth Grants application form
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How does it work?

Round two is now open for Business Growth Grants only.

You can apply if your business is:ย 

  • based in Surreyย 
  • small or medium-sized enterprise (SME)
  • able to provide match-funding for at least 50% of total project costsย 
  • able to deliver the project by March 2026ย 

Projects must clearly demonstrate how they will contribute to economic growth in Surrey – such as creating new jobs, boosting productivity or supporting innovation.

Bids will be assessed against a set funding criteria with decisions taken by an independent panel, including business representatives.

The approach has been developed in collaboration with employers from across the county via the One Surrey Growth Board and Business Leaders Forum.

Not sure where to start? Get in touch with the team via our Contact Us form.

Contact us
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Available funding

Business Growth Grants are open to all small and medium size businesses in Surrey.

The award is a match-funded grant of between ยฃ10,000 and ยฃ75,000, covering up to 50% of eligible project costs.

Funding can support:ย 

  • Purchasing new equipment or technology
  • Developing new products or services
  • Expanding operations or facilities
  • Investing in staff training and upskillingย 

We particularly welcome applications from rural businesses, farms, and those contributing to the rural economy.

Applications for round two close at midnight on 16 November 2025.

Growth Grants application form
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Economic Growth Fund criteria

We are seeking bold, innovative ideas that will drive sustainable economic growth across the county.

Bids should be focused on delivering at least one of the three priorities in Surrey’s Economic Growth Strategy, which are:

We encourage applications to focus on innovation and ideas that can scale.

Other key criteria include partnership and collaboration, impact and legacy, and deliverability and financial viability.

If you have any questions, then contact our team of experts to discuss your application in detail.

Funded by UK government logo

This is a fantastic opportunity for businesses, training providers and partners to secure immediate investment in ideas to drive growth in Surrey.

We know that Surrey has a strong economy, contributing ยฃ50 billion a year to UK PLC. But the refreshed economic strategy highlights several challenges around start-ups, high-growth businesses, retaining talent and an increasing number of people out of work.

The new Economic Growth Fund is one of the ways we can tackle those challenges while delivering benefits to the people, places and businesses across the county.

Our ambition is simple: we want to position Surrey as one of the UK’s leading regional economies while ensuring No One is Left Behind.

Matt Furniss, Surrey County Council’s Cabinet member for Highways, Transport and Economic Growth

The refreshed Economic Strategy, which is evidence-led and developed in partnership with businesses, employer representative groups, academia and other key stakeholders, is very much the starting point of our journey.

Together, weโ€™re determined to drive forward this ambitious agenda and deliver our ambition to benefit our residents, businesses and wider communities.

Chris Hurren, Chair of Surrey Business Leaders Forum