Small businesses in Derbyshire are being helped to develop and grow with grants of up to £75,000 – and there’s still time for local firms to bid for cash.
Derbyshire Economic Partnership – backed by Derbyshire County Council – secured £3m 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.
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 £4m 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.
Coun Joan Dixon, Derbyshire County Council Cabinet Member for Jobs, Economy and Transport, said: “If your business could benefit from a grant of up to £75,000, we want to hear from you.
“In challenging economic times, we understand small business may think twice about committing the necessary investment to grow. The match funding available through this project might just give them the helping hand required to take the next step towards job creation.
“Small businesses are at the heart of the Derbyshire economy and we’re committed to doing all we can to support them to flourish and compete in a global market. Our team of experts are on hand to advise so please get in touch to see how a Global Derbyshire grant might be able to help your business.”
Businesses already awarded funding from the programme are seeking to create 80 jobs from their grant projects.
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 31 March 2015.
Anyone who thinks their business could be eligible for a grant can visit www.derbyshireeconomicpartnership.org.uk or contact Derbyshire County Council by emailing email@example.com, calling 01629 539325 or 01629 538245 or visiting www.derbyshire.gov.uk/globalderbyshire