New Business Grants and Support Available in Hull and East Yorkshire (April 2025 Update)
There’s good news if you’re running a business in Hull or East Yorkshire—there are still plenty of funding and support options available in 2025, even though some national grant programmes have been winding down.
Here’s a round-up of the latest opportunities that could help your business grow, innovate, and save money.
Growing Places Grant (HEY Business, Growth and Skills Hub)
If you’re planning to invest in plant, machinery, or equipment, the Growing Places Fund might help you get things moving faster.
- Grants between £5,000 and £250,000
- Covers 10%–50% of eligible project costs (before VAT)
- Designed to help businesses create new jobs
✅ Perfect if you’re planning a big expansion or upgrading your kit.
🔗 More about Growing Places Grant
Support for Young Entrepreneurs
Hull City Council’s MC4C and John Cracknell Youth Bank schemes continue to offer young people (under 29) the chance to:
- Apply for small business grants
- Get mentoring support
- Take their first steps into entrepreneurship instead of university or employment
✅ If you know a young person with a business idea, it’s worth pointing them this way.
🔗 More about Youth Enterprise Support
Innovate UK Grants
If your business is developing new products, innovative services, or working on research and development (R&D), you could be eligible for significant funding.
- Grants range from £5,000 to £1 million
- Covers between 30% and 90% of project costs
- Highly competitive but a brilliant opportunity
New for 2025:
Hull has been chosen as one of only 12 UK regions eligible for extra DCMS Create Growth Programme grants.
- Small projects: 100% funded between £20,000 and £50,000
- Larger projects: 70% funded up to £200,000
✅ Ideal for digital, creative, and tech businesses.
🔗 Small Project Grants
🔗 Large Project Grants
University of Hull Business Support
The University of Hull is offering a strong package of support for SMEs, including:
- Knowledge Transfer Partnerships (up to £35,000 in support)
- 12-week part-funded internships through the Humber Internship Programme
- Innovation centres for businesses in flood resilience and green energy
✅ If you’re tackling a tricky business challenge, partnering with the university could be a game-changer.
🔗 University Business Support
Grants for Electric Vehicle Charging Points
Thinking about installing EV charging at your workplace?
The Office for Zero Emission Vehicles offers grants to businesses of any size.
- Funding available for workplace EV charging stations
- Supports Hull’s green initiatives
✅ A good time to future-proof your premises, especially as EVs become more mainstream.
🔗 More about EV grants
Final Thoughts
April can be a quiet month for grants as councils close out old budgets and wait for new programmes to launch. But right now, there’s still real money on the table for businesses ready to grow, innovate, and go greener.
✅ Looking to expand?
✅ Got a big idea brewing?
✅ Want to make your workplace more sustainable?
There’s support out there—and Yorkshire Accountancy is here to help you grab it with both hands.
📞 If you want advice on grant applications, business plans, or tax implications of any funding you receive, give us a call.
