GPIF is a capital only fund used to invest in infrastructure projects that deliver sustainable economic growth within the Swindon and Wiltshire area. It is used to invest in projects that create new jobs and deliver economic growth to the Swindon and Wiltshire area.
It is a repayable loan, with negotiable repayment terms, that helps accelerate the delivery of projects that stimulate innovation, enterprise, growth or productivity gains.
Stage One comprises an online application. This is assessed within four weeks of the closing date for applications.
Stage Two requires a more detailed business plan and an assessment of the financial status of the business, the security on offer against the loan and the level of risk involved. Companies have to be compliant with EU ‘State Aid’ regulations.
Email Phil Clement
Head of Investment & Export at the Swindon & Wiltshire Local Enterprise Partnership Phil.Clement@swlep.co.uk.