Grants of up £10,000 (and support and guidance) are available to small to medium sized businesses in Kent and Medway to help boost companies and increase employment. The aim of the scheme is to improve business resilience, profitability and competitiveness.
The programme will provide ‘growth grants’ to local businesses, creating new jobs and ‘new to the firm’ products. It will also support ‘pre-start’ companies and ‘start-up’ companies. Grant funding from SEBB may be used to cover the following types of expenditure:
- Business Development: funding required enabling expansion of the business (for example, new technology and related processes)
- Plant, Machinery & Equipment: costs of and installation of machinery and hardware, and training required to operate it
- Intangible Items: including costs of purchasing new IT software and training.
The programme can fund up to 30% of the cost of qualifying projects. Certain sectors are not eligible – please check.
Continuous rolling programme.
For more information and how to apply please click here.
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