Small businesses in Sussex can now benefit from the Small Business Growth Grant and Apprenticeship Grant which has been launched by Adur & Worthing Council in association with the Adur & Worthing Business Partnership.
This is the second round of funding to be made available and can be accessed on a first come, first served basis, so don’t delay your application. https://www.adur-worthing.gov.uk/businesses/support-and-funding/grants-and-funding/#small-business-grant-funding
Local small businesses or microbusinesses can apply for:
Up to £2500 to fund capital purchases such as new equipment, support with marketing, training or making improvements to their commercial business premises. This funding is then matched by the business providing project funding up to £5,000 in total.
Or, a one-off grant of £1500 per apprentice (up to a maximum of two) to help cover the costs of taking on and training an apprentice.
Jo-Anne Haulkham, who is part of the Grant Approval Panel, comments: “This is a great opportunity for small businesses in Sussex to receive a boost, but they need to act quickly to ensure they can access it. I would recommend they read the guidance notes online to see if they meet all of the criteria.”
The key terms of this funding are that:
- The Small Business Growth Grant is available to local micro businesses of up to 10 employees. You can apply for funding up to £2,500, but need to be able to match the amount borrowed with a 50% contribution exclusive of VAT. You must be able to demonstrate how the project will develop your business and what difference it will make. Payments will be made retrospectively, and applicants will need to ensure they have total funds available upfront and are in a position to commence the project straight away.
- The Apprenticeship Grant is available to individual businesses of up to 50 employees. A one-off payment of £1,500 per apprentice is available towards the cost of taking on an apprentice and individual businesses can apply for up to two grants.
Jo-Anne Haulkham can be emailed here, or you can call her by using the following phone number: 0330 124 1399.