Deadline for grants to support business growth in Charnwood

Bids are once again being sought for grants which can support jobs and business growth in Charnwood.

The borough council is accepting applications for grants which can be used for local initiatives which support economic growth.  They could include events or schemes which support businesses through networking, marketing, apprenticeships and more.

The grants often help local businesses through another organisation. For example, a grant helped a community interest company (CIC) fund a feasibility study looking to open a hub for creative businesses in Loughborough and another supported marketing for the town centre.

The growth support grants are available to a number of organisations including non-profit making organisations, charities, educational establishments and enterprises, community interest companies and town and parish councils.

Richard Bennett, Head of Planning and Regeneration, said: “Supporting the local economy is a key priority for the Council and these grants can be used by organisations to support economic growth in the borough.

“We are looking forward to seeing the initiatives that will make a real difference for people in Charnwood."

The next deadline for applications is August 24, 2017. Grants are available for up to 50 per cent of the total cost of a project.

For more information about the growth support grants and to apply, visit www.charnwood.gov.uk/growth_support_grant_scheme or email growth.support@charnwood.gov.uk or call Dave Hankin for an informal chat on 01509 634727.

The Council has awarded more than £330,000 of funding to 14 schemes in the past four years. The contributions have included:

• £15,000 for a feasibility study for a creative business hub in Loughborough
• £16,000 to support the delivery of business advice and development workshops promoting women in business and business growth
• more than £80,000 towards creating apprenticeships in the borough
• £100,000 towards improving rural broadband