Are you an SME in Sedgemoor who could benefit from a business grant? Round 1 of Sedgemoor District Council's new small business grant fund is now open, grants of up to £5,000 are 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
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 dates of the funding rounds will be as follows:
Round 1: 1 September - 20 October £35,000 available
Round 2: 1 January - 9 February £35,000 available
Round 3: 1 May - 23 June £30,000 available
To apply for a grant firstly please read the grant fund criteria to ensure you are eligible then complete the application form below, return by email to email@example.com or post to: