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
South Staffordshire Grantnet
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
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.
Black Country Reinvestment Society
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
External Link: BCRS
Regional Growth Fund
The Stoke-on-Trent and Staffordshire Jobs and Growth
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,
here to visit the North Staffordshire Chamber of Commerce
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
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.
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
• marketing, attracting and keeping
• 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
• 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
Telephone: (01902) 696000