Interested in applying to the Surrey Economic Growth Fund? A webinar providing top tips to support your bid is now available to watch.

Businesses, employer representative groups and partner organisations are all invited to apply for investment from the new Economic Growth Fund.

Up to £7 million is available for this financial year. Grants will be awarded to those demonstrating how they will boost economic outcomes for the people, places and businesses of the county.

More than 110 people attended the Economic Growth Fund webinar held today (8 May, 2025).

Applications for the first round are now open, closing at the end of May. Apply via the form on the Business Surrey website.

Watch the Economic Growth Fund webinar

Watch the webinar in full by clicking on the play button below.

What is the Economic Growth Fund?

The Economic Growth Fund has been created by the Council in collaboration with employers from across the county via the One Surrey Growth Board and Business Leaders Forum.

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

So, a range of funds, such as UK Shared Prosperity Funding from government, have been pooled together into a single application process.

The first round covers three areas.

• Business Growth Grants support companies of all sizes to scale up and create jobs. Match funding of between £10,000 and £50,000, covering 50% of project costs is available.
• The Innovation Spaces Fund focuses on physical infrastructure, such as training hubs, collaborative workspaces, and testing facilities. Minimum bid of £50,000.
• The Future Surrey Fund is open to anyone, including partners – such as employer representative groups, local authorities, research institutions and schools. Applications should focus on innovative ideas that can scale while delivering economic impact in Surrey.

To apply, you’ll need to demonstrate how your bid delivers against the three priorities in the refreshed economic strategy. These are workforce and skills; business growth; and economic infrastructure in Surrey’s communities.

There’s a two step process for all three areas, starting with an expression of interest.

Read more about criteria and closing dates on the Economic Growth Fund page.