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Grow your design business - with government cash

The aim of Creative England's Business Investment Fund (opens in new tab) is to help small-to-medium businesses and studios "who have innovative new ideas for content development backed with commercial exploitation opportunities." Funding – available in the form of interest-free loans – will available in the following categories:

  • Mobile applications
  • Games and interactive entertainment
  • Cross platform TV development
  • E-learning
  • Healthcare
  • Business to business
  • Government services

Creative England says the fund "will typically support companies looking to develop new cross-platform applications or content related to new applications for the above markets. Proposals such as a mobile healthcare application, the development of a new game for tablet or mobile, or e-government content linked to a new service delivery model, may all be eligible for funding."

Matched funding

Creative England (opens in new tab) says the £1 million fund will be available as interest-free loans on a matched funding basis. In other words, if you need £100,000 to develop your idea, you’ll need to put up 50% of the money, with Creative England contributing the other 50% in the form of a loan.

Creative England’s business investment fund is part of the UK government’s Regional Growth Fund, with priority given to companies in the North, West, Midlands and South West.

To be considered for Creative England loan you’ll need to apply between now and Friday 12 October 2012 – but don’t worry if you miss out in the first round. The £1 million that’s been made available so far is the first element of a £5 million award Creative England has been given.

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The Creative Bloq team is made up of a group of design fans, and has changed and evolved since Creative Bloq began back in 2012. The current website team consists of six full-time members of staff: Editor Kerrie Hughes, Deputy Editor Rosie Hilder, Deals Editor Beren Neale, Senior News Editor Daniel Piper, Digital Arts and Design Editor Ian Dean, and Staff Writer Amelia Bamsey, as well as a roster of freelancers from around the world. The 3D World and ImagineFX magazine teams also pitch in, ensuring that content from 3D World and ImagineFX is represented on Creative Bloq.