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LEP Enterprise Partnership Fund for Innovative Enterprise Development (UK)

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Deadline: 16-Jul-2026

The LEP Enterprise Partnership Fund provides grants of £5,000 to £15,000 for innovative and experimental enterprise development projects in the Derry City and Strabane District Council area. The programme supports partnership-based projects delivered with the Local Economic Partnership and the wider entrepreneurship ecosystem. Applicants must provide at least 25% match funding and appoint a lead partner responsible for project delivery, management, and administration.

Overview

The LEP Enterprise Partnership Fund supports new and creative approaches to enterprise development.

The programme is designed to fund innovative and experimental projects that strengthen the local entrepreneurship ecosystem.

It is supported by the Department for the Economy and delivered in collaboration with the Local Economic Partnership.

Purpose of the Fund

The purpose of the fund is to encourage fresh approaches to enterprise development within the local economy.

The programme supports projects that test new ideas, develop practical business solutions, and improve support for entrepreneurs, start-ups, and enterprise-focused stakeholders.

It places strong emphasis on partnership working and local collaboration.

Key Focus Areas

The fund focuses on innovative enterprise development, experimental business solutions, entrepreneurship ecosystem development, local economic growth, partnership working, Local Economic Partnership collaboration, creative enterprise support models, business development interventions, and collaborative project delivery.

What the Fund Supports

The LEP Enterprise Partnership Fund supports enterprise development projects that are innovative, experimental, and locally relevant.

Supported projects may include initiatives that:

Projects should show clear added value and should not duplicate existing funded activity.

Funding Amount

Grants range from £5,000 to £15,000.

Applicants must provide a minimum of 25% match funding.

This means applicants cannot rely entirely on the grant and must contribute additional funding from eligible sources.

Match Funding Requirement

A minimum of 25% match funding is required for each project.

Applicants should clearly explain:

Applicants must also confirm that they are not receiving funding from other sources for the same project costs.

Who Is Eligible?

Applicants must meet the programme’s eligibility conditions at the application stage.

Key eligibility requirements include:

Incomplete applications will be deemed ineligible.

Lead Partner Requirement

Each project must have a designated lead partner.

The lead partner is responsible for:

The lead partner must be based in the Derry City and Strabane District Council area.

Partnership and Collaboration

The programme strongly encourages partnership working.

Projects should be delivered in collaboration with the Local Economic Partnership and may involve wider stakeholders in the entrepreneurship ecosystem.

Additional partners are encouraged but are not mandatory.

Potential collaborators may include:

A strong proposal should explain how collaboration will improve project quality, reach, and impact.

Why It Matters

Enterprise development helps create stronger local economies by supporting entrepreneurs, start-ups, small businesses, and business support networks.

The LEP Enterprise Partnership Fund matters because it encourages new and experimental ideas that can improve how enterprise support is delivered locally.

By supporting collaboration between local partners, the fund helps strengthen the entrepreneurship ecosystem and encourages practical solutions that respond to local economic needs.

How to Apply

Applicants should prepare a complete application that clearly explains the project idea, partnership structure, innovation, budget, and expected local impact.

Step 1: Confirm Eligibility

Applicants should confirm that they meet the basic eligibility rules.

They should check that:

Step 2: Define the Project Idea

Applicants should clearly describe the enterprise development project.

The proposal should explain:

Step 3: Identify the Lead Partner

The application must name a lead partner responsible for delivery and administration.

The lead partner should demonstrate the capacity to manage the project, coordinate activities, oversee finances, and meet reporting requirements.

Step 4: Describe Partnership Working

Applicants should explain how the project will work with the Local Economic Partnership and the wider entrepreneurship ecosystem.

If additional stakeholders are involved, the application should describe their roles and contributions.

Step 5: Prepare the Budget

The budget should clearly show the total project cost, grant request, and match funding.

Applicants should ensure that:

Step 6: Explain Expected Outcomes

The application should explain what the project will achieve.

Expected outcomes may include:

Step 7: Complete the Application Form

The application form must be fully completed.

Incomplete forms will be deemed ineligible, so applicants should review every section carefully before submission.

Step 8: Submit the Application

Applicants should submit the completed application with all required information and supporting details by the stated deadline.

The proposal should be clear, practical, locally relevant, and aligned with the programme’s partnership-driven approach.

Assessment Considerations

Applications are likely to be assessed based on eligibility, project quality, innovation, collaboration, and local economic value.

Important assessment areas may include:

Tips for a Strong Application

A strong application should clearly show how the project is new, useful, and locally relevant.

Applicants should:

Common Mistakes to Avoid

Applicants should avoid submitting incomplete or weakly aligned applications.

Common mistakes include:

FAQ

1. What is the LEP Enterprise Partnership Fund?

The LEP Enterprise Partnership Fund provides financial support for innovative and experimental enterprise development projects delivered in collaboration with the Local Economic Partnership and the local entrepreneurship ecosystem.

2. How much funding is available?

Grants range from £5,000 to £15,000.

3. Is match funding required?

Yes. Applicants must provide a minimum of 25% match funding.

4. Who must lead the project?

Each project must have a designated lead partner responsible for delivery, management, administration, financial accountability, and reporting.

5. Where must the lead partner be based?

The lead partner must be based within the Derry City and Strabane District Council area.

6. Can projects include additional partners?

Yes. Collaboration with additional stakeholders is encouraged, although it is not mandatory.

7. What makes an application ineligible?

An application may be deemed ineligible if the form is incomplete, the applicant lacks authority to apply, the applicant is under 18, the lead partner is not based in the required area, match funding is not provided, or the same costs are already funded by another source.

Conclusion

The LEP Enterprise Partnership Fund supports innovative and experimental enterprise development projects that strengthen the local entrepreneurship ecosystem in the Derry City and Strabane District Council area. With grants of £5,000 to £15,000 and a minimum 25% match funding requirement, the programme encourages creative, partnership-based projects that contribute to local economic development. Applicants should submit a complete and well-structured application that clearly demonstrates innovation, local relevance, partnership value, eligible match funding, and strong delivery capacity.

For more information, visit Derry City and Strabane District Council.

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