Duplex Investment Fund
Perfect for established Coventry and Warwickshire businesses investing in growth assets and creating jobs – combining loan and grant funding to make your project viable.
What is Duplex?
Duplex Investment Fund is a new way to help finance capital investments by local businesses. It combines public sector grants and loans to give you financial flexibility and ensure that your project proceeds successfully.
The value of the grant can be almost as much as the total interest payable on the loan.
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It is delivered by FCA accredited lending specialists CWRT on behalf of Coventry City Council, Warwickshire County Council.
How Does It Work?
You receive a loan to cover the full cost of your capital investment project on day one. Once you have obtained and paid for your capital item(s) you receive a grant which is up to 40% of the total cost.
Eligibility Criteria
Be trading in Coventry or Warwickshire.
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Be able to demonstrate a minimum of 2 years of profitable trading.
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Produce a sound business plan/forecast that demonstrates the need for a grant.
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Create jobs as a result of the investment.
Duplex Investment Fund is part funded by CWRT, Coventry City Council, Warwickshire County Council and Midlands Engine.