News & Updates

Sedgemoor Small Business Grant

Are you an SME in Sedgemoor who could benefit from a business grant? Round 2 of Sedgemoor District Council’s new small business grant fund will open in January, grants of up to £5,000 will be available.

Businesses can use the grant towards any of the following:

  • Retain and employ new staff
  • Invest in new facilities, equipment and processes
  • Carry out innovative R&D
  • Diversify into new markets
  • Undertake marketing initiatives
  • Export

To be eligible for a SME grant you must meet the below criteria:

  • Headquarters located in Sedgemoor
  • Must be an independent business
  • Employ less than 200 people
  • Business has been operating for more than one year
  • Provide 3 quotes for purchases, unless purchasing a specialist product or service
  • Must provide a full years accounts

The programme will seek to prioritise funding for those small/medium businesses with the potential for growth, but in need of additional help to move forward. The grant cannot be used to supplement a loss of income.

Only one application per business will be accepted.

Grants of up to £5,000 will be available in three funding rounds for businesses in Sedgemoor who have been operating for more than one year. This will be a competitive process, businesses will need to complete an application form, which will be administered by the Economic Development team, and the grants award sub-committee will take a decision.

The next round for applications is 1 January – 9 February

To apply visit…

© Bridgwater Chamber 2018