Between now and the end of December 2022, there's grant funding available to develop and strengthen businesses based and trading within East Renfrewshire.
Growth New Start Fund
Designed to support businesses trading for no more than 1 year with the potential to achieve a minimum annual turnover of £100,000 within 3 years of trading.
The grant can provide assistance of up to £500 towards the start-up costs of businesses that are able to demonstrate growth potential.
Growth Company Development Fund
Designed to support growth businesses which have been trading for more than 1 year and can demonstrate the potential to achieve a turnover over £150,000 per annum within 3 years of receiving the grant, but less than 50 million and a workforce of less than 250.
The fund can provide up to 50% of eligible costs to a maximum of £10,000.
Funds can be used to support purchase of:
- capital equipment
- web development
- bespoke software
- property improvements
All applicants must be able to complete their project and claim all funds back by 31 December 2022.
Micro Business Grant
This small grant is designed to support businesses trading for no more than 2 years with a turnover of less than £83,000. It can provide assistance towards small important purchases or activity one off items that are important to developing the business or activity and that'll make a difference to the sustainability of your enterprise.
The maximum grant award is £500.
All Micro Grant applicants must be able to complete their projects and claim all funds back by 31 March 2021.
Phone: 0141 577 3325