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Funding to help start your business

Coronavirus: Advice for Businesses

For details on the Small Business Grant and the Retail, Hospitality and Leisure Grant please see our business rates relief page. The next phases of the Local Authority Discretionary Grant Fund launched on Wednesday 24th June.

For an overview of what support and grants are available to business, including details of business rate reliefs, please see our  Coronavirus advice page.

The Council has issued more information on those businesses which must close and guidance for those who need to make planning alterations or have licensing queries.

Coronavirus support and advice

If you are looking to start up a business then there may be funding available to support you in those vital first months and years.

Eligibility for funding varies depending on the nature of the business you are starting, and what you require funding for.

If you are interested in funding, please complete our business funding enquiry form.

The main schemes available for new start ups in East Staffordshire currently are:

Princes Trust

Aim of Fund: Committed to supporting young people (ages 18-30ys) into business, together we offer low-interest finance at a rate of around 6% APR to help get started.

Capital or revenue: Both

More Information: Further information can be found by visiting.https://www.princes-trust.org.uk/help-for-young-people/support-starting-business

GBSLEP - Growth Hub - Funding and Finance Portal 

The Growth Hub comprises of a web based portal which aims to engage with all types of businesses with the ambition, appetite and potential to innovate and grow. The Growth Hub - Funding and Finance Portal offers a quick way to understand what finance is available to help grow your business? The Funding and Finance portal has been is designed to simplify the process for small and medium enterprises (SMEs) to raise finance by providing local businesses with the information that they need to assist them with access to finance, by clearly segmenting potential funders into areas of specialism and expertise.

Search for funding by visiting https://www.gbslepgrowthhub.co.uk/funding-finance

Better Business Finance (BFF) 

Better Business Finance provides impartial information and support to businesses and entrepreneurs looking to develop and grow; whether the business is seeking finance, or starting out or exporting abroad, BBF is here to help. It was set up by Barclays, HSBC, RBS, Lloyds and Santander.in 2011 and is managed by the British Bankers’ Association (BBA) in collaboration with its business and finance partners. BBF was created to bring to life the recommendations of the Business Finance Taskforce, which was set up by the major banks to work together to help support the UK’s small and medium-sized businesses who are vital to our economy.

Search for funding by visiting http://www.betterbusinessfinance.co.uk/