FSB support through scheme promotion and event presentations helps to raise business awareness of the grant schemes available locally. This has proved particularly successful for our partners at South Holland District Council.
They have now processed grant funding for more than 50 businesses through their Grants4Growth funding programme, committing over £430,000 in grants towards capital assets for business. The grants, which offer the opportunity for eligible businesses in Greater Lincolnshire to receive financial assistance towards capital purchases up to the value of 28% of the total cost, provide funding to businesses that can demonstrate the potential for business growth and ideally some job creation.
Local businesses that have already benefitted from funding through the programme include Grantham based ‘Broken Fashion’. They manufacture bespoke disability aids for sale through their online shop. They received a grant towards an embroidery and dye-sublimation machine to support the manufacturing process. This enabled them to reduce their production time and significantly increase their turnover.
Also benefitting from the programme is Spalding based vehicle repair centre ‘A.S. Whitaker & Sons’ who recently received a substantial grant towards new spray facilities and cleaning and quality control rooms. The new equipment has allowed the business to diversify its current services and expand into new markets in order to grow their customer base.
Justin Leckie, Programme Manager for Grants4Growth, said; “the Grants4Growth programme is a great way of providing businesses with that extra bit of help to make progress with their growth projects. It is fantastic to see so many businesses benefitting from this funding opportunity and for them to realise their growth ambitions by utilising a funding ‘springboard’ to turn their plans into actions.”
Eligible businesses can get in touch with the programme by visiting the website www.grants4growth.sholland.gov.uk and by filling in an expression of interest form.
Alternatively, to find out more about the Grants4Growth programme or to enquire about business project eligibility contact http://grants4growth.sholland.gov.uk or phone 01775 764813.
For information on other Capital Grant Schemes and publicly funded support programmes just visit your Growth Hub website.