There's no doubt these have been tough times for startups and businesses in the East Midlands. For those of us working in business support we've all noticed a significant gap in the number and amount of small-scale funding - those all important little pockets of funding that can make the difference between a business succeeding or failing.
Good news: there are 2 new schemes for people living the East Midlands. As usual, there are eligibility rules for each, so check with your Business Link contact before you get too excited!
The first is a £3,000 grant from Business Link for people / organisations who are starting up or in their first 3 years of trading. You must not have had any contact with Business Link before to apply. The grant will be matched 60% to 40% (i.e. you need to provide 40% of the funding) and will receive a minimum of 12 hours of support to enable your business to be even more successful. My understanding is that this could include bespoke support / consultancy.
The second is a CEBA grant available to social enterprises. Up to £1,500 grant is available for social enterprise specific support / consultancy. In previous rounds of this grant we've offered Voice UK, for example, consultancy to develop their trading activities and a long term business plan to enable them to bid for NHS funding, which they were subsequently successful in gaining. Again, speak to your Business Link contact and they will help you find a suitable consultant, or you can nominate your own.
Get them fast though, they will run out very soon, and who knows when there will be more funding like this!
If you don't have a contact at Business Link already just call them on 0845 058 6644.