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We’re backing our local businesses by offering as much support as we can to help your business succeed. We can do this in the following ways:

 

 

 

 

 

South Staffordshire Grantnet

 

Link: South Staffordshire GRANTnet 

 

A free, funding portal that gives you 24 hour access and allows you to search across a huge range of funding sources at your leisure.

 

Once you’ve considered all your options and chosen the best funding source for your project, here are some tips to make your bid as successful as possible. Top tips…

 

Black Country Reinvestment Society (BCRS)

 

 

BCRS Logo

 

BCRS provides business loans ranging from £10,000 to £100,000.

 

 

 

The loan fund has been especially designed to meet the needs of West Midland’s based businesses that are unable to get loans from traditional sources such as banks. They understand that getting business finance can sometimes be a problem. Lack of track record, unreasonable security arrangements, past financial problems or simply not meeting conventional credit scoring methods may be hindering the process.

 

The sole purpose is to provide access to finance to enable businesses to grow and prosper. They don’t use impersonal computerised credit scoring and you will be able to talk to and meet one of our Business Development Managers to develop your loan application.We offer loans to businesses making a positive contribution to the social, environmental or economic well-being of the West Midlands. They lend to most market sectors including construction, engineering, IT services, manufacturing, service providers and wholesalers.

 

A BCRS loan can be used for a wide range of projects including working capital, purchasing equipment, start-ups, recruitment and marketing.

 

External Link: BCRS

 

Regional Growth Fund

North Staffordshire Chamber of Commerce

 

 

The Stoke-on-Trent and Staffordshire Jobs and Growth Fund Programme

 

Funded by the Regional Growth Fund and delivered by North Staffordshire Chamber of Commerce (NSCCI)

 

 

This programme offers financial support to SMEs that wish to expand or invest to create sustainable jobs. Grant funding is available for premises expansion, new premises, plant and machinery and infrastructure, where this creates substantial new employment or safeguards jobs.

 

Grants of up to 20% of the project value are available to businesses based or relocating in Stoke-on-Trent or Staffordshire. The company must have been operating for at least 6 months and employ fewer than 250 employees.

 

For further information and the eligibility criteria, and to download an expression of interest form,

click here to visit the North Staffordshire Chamber of Commerce website.

 

Start Up Loans

 

Loans and mentoring for people over 18 years old who are looking to start a business. Backed by the Business Bank.

 

External Link: Find out more...

 

New Enterprise Allowance

 

New Enterprise Allowance can provide money and support to help you start your own business if you're getting certain benefits. Contact Jobcentre Plus to apply or find out more.

 

Growth Vouchers

 

Up to £2,000 support for small businesses to grow

 

The Growth Voucher programme will focus on small businesses accessing professional advice for the first time. This support can thoroughly increase productivity which will improve your organisation’s sales and profits.

 

Growth Vouchers can help you find expert advice in areas such as:

 

• raising finance and managing cash flow

• recruiting and developing staff

• improving leadership and management skills

• marketing, attracting and keeping customers

• making the most of digital technology

 

If your organisation is eligible you could receive matched funding up to the value of £2,000.

 

In order to be eligible, you need to:

 

• have been trading for more than one year

• have a turnover of less than Euro 10M

• have less than 49 full time employees

 

To apply, contact: www.gov.uk/apply-growth-vouchers

 

Contact

Regeneration
Telephone: (01902) 696000
 

 

 

 

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