A LEAP forward for local businesses with Small Business Grants
A new grant scheme for small businesses and apprenticeships is being introduced by Adur & Worthing Councils, offering grants of up to £2.5K until the end of September 2017.
Part of a West Sussex-wide scheme, known as the Local Enterprise and Apprenticeship Platform (LEAP), there is approximately £71,000 available for businesses located in Adur and a similar amount for businesses based in Worthing.
The scheme recognises the vital role that small businesses play in the local economy and the particular difficulties that micro businesses (those with up to 10 employees) can face in accessing funds to help them grow and take on staff. Small businesses (up to 50 employees) can face similar difficulties when looking to take on an apprentice or provide apprenticeship opportunities for existing staff, and these are the type of businesses this scheme is designed to help.
How to Apply?
Come along to Worthing and Adur Chamber of Commerce's Networking Breakfast on 24th March at 7.30am to understand the criteria and information on what will be accepted for the grants. Click here to Register for the event
About these grants
The scheme is being delivered by the Adur & Worthing Business Partnership and businesses will be on the Awards Panel, helping to decide which applications are successful.
Small Business Grants
The Small Business Grant is available to local micro businesses of up to 10 employees and the Councils are offering grants of up to £2,500 which you will need to match fund. For example, if you want to purchase some equipment that costs £1,500 you can apply for £750 from the grant fund and source the additional £750 needed from your own funds.
You must be able to demonstrate how the project will develop or establish your business and what difference it will make.
The Apprenticeship Grant is available to small businesses of up to 50 employees and the Councils are offering grants of £1,500 to match funding currently available from the Government.
For more information about the grants, guidance notes and application forms please click here