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Government’s £3m boost for small businesses

Hope Valley company Intrepid Brewery has already benefited from funding from the Global Derbyshire small business support programme. Pictured from left, sales negotiator Paul Towers, marketing manager Rebecca McIntyre and head brewer Ben McIntyre.

Hope Valley company Intrepid Brewery has already benefited from funding from the Global Derbyshire small business support programme. Pictured from left, sales negotiator Paul Towers, marketing manager Rebecca McIntyre and head brewer Ben McIntyre.

Small businesses in the High Peak are being invited to apply for grants of up to £75,000 to help them develop and grow.

Derbyshire Economic Partnership – backed by Derbyshire County Council – secured £3 million for small businesses from the government’s Regional Growth Fund.

Businesses around the county are already benefitting with around £0.5 million already awarded to 25 businesses through the Global Derbyshire Small Business Support Programme - including a Hope Valley brewery.

The programme, which was set up to distribute the funding, aims to create at least 200 new jobs, safeguard at least 48 more, and attract £4 million of private sector investment into the county.

Now the bidding process has been simplified to encourage more small businesses to bid for a share to help boost the local economy and generate jobs.

Businesses could be eligible for a grant of between £4,000 and £75,000 if it leads to the employment of at least one extra person.

Grants are available to: help set up a new business; buy plant, equipment or machinery; fund staff training and development; pay for website development; set-up online trading; develop a new product or service; employ external specialist support; refurbish offices; fund a broadband connection for your business; buy equipment to help your business export goods or help prepare firms to export or buy equipment to allow them to trade oversees.

Richard Horsley, Chairman of the Derbyshire Economic Partnership, said: “The aim of Derbyshire Economic Partnership is to champion the needs of business, promote growth across our great county and ensure all the key movers and shakers in Derbyshire are focused on delivering jobs and prosperity. Global Derbyshire demonstrates our commitment to this aim but the funding is time limited. I would urge all businesses with eligible projects to contact us.”

Businesses need to apply for funding by November 2014 and any projects awarded funding need to be complete by March 31 2015.

To find out more, visit www.derbyshireeconomicpartnership.org.uk or call 01629 539325.

 

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