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New Grant Scheme for businesses in Sedgemoor


Do you run a small or medium size business in Sedgemoor where a little extra investment could make all the difference? Then a new grant scheme from Sedgemoor District Council could be the answer! Sums of up to £5,000 can be applied for from the £100,000 Sedgemoor Small Business Grant Fund. 01/09/17

 The money can be used for number of purposes such as recruitment, staff retention, marketing, research, innovation and diversification as well as new facilities, equipment or processes. There are a set of criteria which businesses will have to comply with to qualify for the fund, including have a full year of accounts.

Sedgemoor's Portfolio Holder for Economic Growth at Sedgemoor, Cllr Anne Fraser, said: "We are known as a pro-business authority and do our best to support companies of all sizes based or relocating here. We are delighted to be in a position to help some of our smaller businesses in this way."

Welcoming the news, Steve Leahy, Chairman of Bridgwater Chamber of Commerce, said: "We are really pleased to see this sort of initiative aimed at giving a boost to some of the smaller concerns in the district and we would urge all those that think they might qualify to apply."

The scheme is set to launch on September 1st with full information, criteria and eligibility on a dedicated web page . Interested businesses will be asked to complete a form, supply their accounts and give three quotes in the case of purchases. For further details visit: https://www.sedgemoor.gov.uk/article/2093/Sedgemoor-Small-Business-Grant-Fund