An Economic Growth & Investment Fund has been established in response to Tata Steel UK’s decarbonisation and restructuring at Port Talbot, with £11.78 million in total funding. It offers grants of £300,001 to £1.5 million (up to £2 million in exceptional cases), covering up to 70% of project costs, to support business growth, investment, innovation, infrastructure, and job creation. Eligible applicants must be SMEs (or standalone profit centres) trading for at least two years and based in, or relocating to, Bridgend, Neath Port Talbot, or Swansea. Priority is given to high-value and green economy sectors, particularly those strengthening local supply chains and supporting the transition to green steel and renewable industries.
Send all enquiries to: tsukgrantqueries@npt.gov.uk