Funding of up to £2k to help businesses grow

Do you need help to start or boost your business to the next stage? Perhaps you are planning a project for which you need extra funding? Apply for support now.

Eligible businesses are invited to apply for a grant of up to £2,000. Applications are open to any business in the Harborough district with an eligible project.

The grants are being managed and distributed by Harborough District Council using £50,000 received from the UK Government through the UK Shared Prosperity Funding (UKSPF).

Following the successful Additional Restrictions Grants (ARG) administered by the council in 2021, the grants are spread across the same three themes:

• Go Green – to help businesses to reduce their carbon footprints, increase energy efficiency and reduce fixed costs. (Examples last year included: funding for a new electric van for Green Shoots zero emission delivery service, and new air source heat pumps and chillers for Langton Brewery)
• Go Digital – to support digital technology solutions which improve business performance and encourage wider/ online access to customers. (Examples last year included: funding to Environmental Energies Ltd for the purchase of a database to help them tendering for new contracts, and Magfiliana Ltd. for a new sublimation printer for the design and production of high-quality ties, pocket squares, and bow ties).
• Go Innovate - Support for new products or methods within your business to help improve efficiencies and create business growth. (Examples last year included: funding to Leicestershire Craft Centre for the purchase of a new glass kiln to allow them to produce their own glass art and develop our craft courses.)

Cllr Phil King, Leader of Harborough District Council, said: “We are delighted to be able to use funding from the UKSPF to support businesses directly to invest in new products or services which will enable them to grow. This is one of the first projects we are planning to deliver from the UKSPF, with more to follow supporting the overarching objective of the fund in ‘building pride in place and increasing life chances.”

The grants will open on Tuesday 3 January 2023 and will close on Tuesday 31 January 2023, however grants will be allocated on a first come first served basis for those who meet the criteria, as a result the grant may well close before the deadline.

For details on how and where to apply visit the Council’s grants page: www.harborough.gov.uk/ukspf-grant

 

 

Notes to editors:

The UK Shared Prosperity Fund is a central pillar of the UK government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025. The Fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills. For more information, visit https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus