Small businesses in Shropshire will soon be able to access grants of between £2,000 and £10,000 to purchase new equipment or make improvements to their premises – The Shropshire UKSPF Small Capital Grant Scheme for Businesses has now launched. Small to medium-sized businesses (1-49 employees) can now apply for a grant if their business is physically located in the Shropshire Council local authority area. Applicants will need to demonstrate how the grant will help them create new employment opportunities, or develop new products, processes, or services within their business. They will also be expected to match-fund the amount of grant applied for by at least 50% of the total investment. All applicants will need to complete a simple online Expression of Interest (EOI) form which will go forward for assessment. Projects successfully passing this initial stage will then be invited to submit a full application. The grant can cover capital expenditure on equipment or towards improving a business’s premises. Unlike previous grants linked to European funding, this grant is open to most sectors, including retail and farm or land-based businesses that want to diversify. The grant is expected to be very popular. However, some types of businesses and activities won’t qualify, potential applicants are urged to check the criteria both in terms of their eligibility and what can – and cannot – be funded before applying. Details about how to apply and the EOI form can be found at : https://next.shropshire.gov.uk/ukspfcapgrant Anyone with any questions or queries about applying should email UKSPF@shropshire.gov.uk. Unfortunately, queries cannot be dealt with over the telephone.
Energy Assessment Grant – The Marches Growth Hub have details about an energy assessment and possible grant for and possible grant for energy efficiency measures once the assessment has been completed. All the details are on this link
https://www.marchesgrowthhub.co.uk/support/marches-energy-grant/