Warwickshire Growth Fund Small Capital Grants – £35,000
A small capital grant scheme to support micro and small businesses based and operating in Warwickshire, up to a maximum of £35,000
Warwickshire County Council Growth Fund Small Grants are part of a £5 million package of business loans and grants agreed upon by the County Council.
The general aim of the scheme is to support businesses with growth plans.
The scheme will provide support for eligible projects requesting between £5,000 and £35,000.
Grant support up to a maximum of 30% of the total eligible costs is available.
Applicants should provide at least 70% of project costs from alternative sources. Match funding must be cash (rather than ‘in kind’) and from private sector sources.
Who Can Apply – Micro and small enterprises employing fewer than 50 employees based in Warwickshire can apply for assistance.
Applicants must also be able to demonstrate significant growth potential. This is defined as an existing business seeking to increase turnover by 20% over the next three years or a new start-up forecasting to employ three more staff or generate £300,000 annual turnover within three years.
Particular priority will be given to early-stage businesses and businesses with the ambition and characteristics to scale up.
Priority will also be given to applicants in the following identified priority sectors for Warwickshire:
Advanced manufacturing and engineering.
Digital media and gaming.
Connected and Autonomous Vehicles.
Low carbon technologies.
Tourism and culture.
Applications from businesses that are led by women are also encouraged.
Businesses must be located in Warwickshire.
Restrictions do apply –
For More Details Click HERE
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