Surrey Opens £1.7M Growth Fund for SMEs

Surrey County Council has officially launched the second round of its Surrey Economic Growth Fund, making a significant £1.7 million available to ambitious small and medium-sized businesses (SMEs) operating within the county. This strategic funding initiative, branded as Business Growth Grants, is specifically designed to act as a catalyst for local enterprises, empowering them to significantly accelerate their development trajectories. The primary objectives of these grants are multifaceted: to foster a robust environment for innovation, enabling businesses to explore new ideas, technologies, and processes; and crucially, to stimulate job creation, thereby strengthening the local economy and providing employment opportunities for Surrey residents. The fund aims to support SMEs that are prepared to transform their ‘big ideas' into tangible projects, driving forward the county's economic vitality. Surrey businesses are encouraged to apply now for a share of this substantial investment, which is intended to help them overcome financial barriers to expansion and realize their full potential. The application window is currently open, offering a crucial opportunity for eligible businesses to secure the capital needed to implement their growth strategies and contribute to a thriving Surrey economy.

(Source: https://news.surreycc.gov.uk/2025/10/16/funding-available-for-surrey-businesses-to-drive-growth/)