Grants, loans, and other types of funding can be great tools to help you take the next step in your business, or even get a new business started! Whether you’re making property changes, purchasing new equipment, or developing talented staff you need funding and you can find that here. We’ve brought together some of the major funding streams available in Calderdale right now to make your life a bit easier and get you on the road to business growth.
Business Growth Programme
Grants of between £10,000 and £250,000 are available for small and medium-sized businesses in the Leeds City Region, looking to grow their business and create new jobs.
The funding should be used for capital investment in fit-out and refurbishment of buildings, plant, machinery and equipment, creating permanent jobs in the Leeds City Region. Take a look at the link below to get the full details and to get in touch with the LEP for more info, or to apply.
New Enterprise Allowance
The New Enterprise Allowance scheme could give you the cash boost you need to get your new business up and running. You may be eligible if you’re over 18 and either:
-You or your partner get Universal Credit, Jobseeker’s Allowance or Employment and Support Allowance
-You get Income Support and you’re a lone parent, sick or disabled
You’ll work with a business mentor to help you as well as getting access to funding to help you get on your feet. For full details, take a look at the website.
Start Up Loan
A Start Up Loan is a government-backed personal loan available to individuals looking to start or grow a business in the UK.
In addition to finance, successful applicants receive 12-months of free mentoring and exclusive business offers to help them succeed. Loans can range from £500 to £25,00. For full details, take a look at the Start Up Loan website.
Digital Enterprise
The Digital Enterprise project offers funding and support for businesses to develop their digital skills, products, or equipment. They currently offer three strands of support: A Digital Growth Voucher to be invested in technology to aid business growth of £2,000 and £10,000; A Connectivity Voucher to help businesses gain access to improved internet connections; and an array of workshops, masterclasses, digital conferences and mentoring via their Digital Knowledge Exchange service. Head to their website to get the full details and register!