Get Growing is an ERDF and Hertfordshire LEP funded programme that support SMEs in Hertfordshire with growth potential. This grant provides eligible companies with the opportunity to invest in their business.
Whether you are thinking about a project to increase sales, improving your website to access new markets or ensuring compliance to GDPR, this grant could potentially fund up to 50% of the project.
For more information visit: hertsgrowthhub.com/get-growing-grant or call Herts Growth Hub on 01707 398168.
Funding to support the working capital needs of UK businesses and helping them to meet their environmental goals.
Objectives of Fund
Barclays Bank has expanded its green finance offering by launching a new Green Trade Loans product, designed to help business meet working capital requirements associated with clean tech or sustainability projects.
The minimum facility is £250,000 and finance can be provided until payment from the on-sale of goods is received.
Projects that are eligible for the loans may also benefit from the UK export credit agency’s UKEF Export Working Capital Scheme.
Who Can Apply
UK-based companies with short-term borrowing needs of between 30 and 364 days may be eligible for support.
How To Apply
For further information on how to obtain this grant locally, please contact the following:
Green Trade Loans, Barclays Bank PLC, 1 Churchill Place, London, E14 5HP.
Telephone: 0800 015 4242
Enhanced support to businesses finding it difficult to make tax payments on time, including corporation tax, VAT, PAYE, income tax and national insurance contributions.
HM Revenue & Custom’s (HMRC’s) Business Payment Support Service takes the form of a helpline for businesses that expect to have difficulty in meeting their NIC or tax bills.
The Business Payment Support Service was introduced at the 2008 Pre-Budget Report against the background of a “credit crunch” crisis and the beginning of an economic recession affecting most advanced economies in the world.
In the Budget 2009: Building Britain’s Future , the Chancellor announced an extension to the service. If the business anticipates making a trading loss in the current year, applicants should mention this when calling the helpline. If the business is still viable, and HMRC agree the estimate of the loss, applicants can have the anticipated loss taken into account as part of any rescheduling of the Corporation Tax or Income Tax owed on the previous year’s business profits.
Depending on the size of the loss being claimed for, HMRC may have to ask for some evidence in support to consider. However, HMRC will take a reasonable approach to the evidence asked for and look to settle the matter with as little fuss as possible.
The aim of the scheme is to provide timely advice to those worried about being able to meet tax, National Insurance, VAT or other payments owed to HM Revenue & Customs. It is also to help advise those who anticipate that payments coming due will cause problems. The Service is designed to meet the needs of all businesses and individuals who are experiencing difficulties in paying the tax due in full and on time.
The Business Payment Support Service is a dedicated telephone helpline service designed to meet the needs of all businesses and individuals who are experiencing difficulties in paying the tax due in full and on time.
Any business in the United Kingdom, regardless of size or legal form, may use this helpline facility.
Apart from the requirement for it to be a new call, there are no further criteria.
The Business Payment Support Line is for new enquiries only.
When a business uses the Helpline it is wise to have the following information available to help HMRC deal with the call as efficiently as possible:
The HMRC advisers will only ask for the information needed to make a decision. They will review the circumstances and discuss temporary options tailored to the business’s needs, such as arranging for payments to be made over a longer period.
Enquirers can call the Business Payment Support Line on 0300 200 3835 seven days a week.
Contact HMRC for further advice and guidance.
A programme to provide small loans to UK based SMEs to access growth opportunities.
Funding body: Boost Capital
Maximum value: £ 500,000
Application deadline: None specified
The programme offers an alternative to traditional business loans and is not dependent on credit scores.
Objectives of Fund
The aim of the programme is to provide small business loans to SMEs to assist with accessing opportunities for growth.
The programme provides small loans from £3,000 to £500,000 to be re-paid within an agreed timescale. Repayment is customised to the business cash flow model.
Who Can Apply
Any SME can apply for a loan provided the business is currently growing or has growth potential and has been in business for a minimum of nine months.
Funding can be provided to any of the following businesses and is not an exhaustive list:
Terms and Conditions
Full terms and conditions will be provided upon entry to the programme.
Although there are no restrictions stipulated in the programme, applicants are advised to contact the funding provider to discuss exclusions.
Funding can be provided for the following growth opportunities:
How To Apply
Applications are accepted to the programme on a rolling basis.
Applicants can apply to the programme via the website. A decision will be made within five working days.
Financial assistance is available to help organisations in Great Britain with any extra employment costs that result from employing a person with a disability.
Match Funding Restrictions
Match funding of a minimum of 20% of costs is required under some circumstances.
The money can pay for things like:
Click here to view the guidelines.
Interested organisations should contact their Disability Employment Adviser at the nearest Jobcentre Plus.
Grants are usually paid in arrears for support that has already been purchased.
Low Carbon Workspaces grants can be used towards replacing fluorescent, halogen and other lighting types with more efficient LEDs or to install other energy efficiency measures, such as insulation, heating controls or double glazing.
It is a publicly funded programme with grants of between £1,000 and £5,000 available to small and medium sized businesses, to cover a third of the cost of their project.
LEDs typically offer:
Hertfordshire based haulage company, Star Cargo, have recently been awarded a grant to install LED panels. They are expecting annual savings of £1,200 and to reduce their carbon footprint by 4.5 tonnes CO2e.
For more information or to register your interest please visit the Low Carbon Workspaces website or give Rowan Wallis a call on 01494 927163.
Are you an SME Manufacturer who could benefit from a grant?
The Manufacturing Growth Programme (MGP) is specifically designed to help SME manufacturers access funding towards specialist external consulting and coaching support to help overcome operating challenges and grow the business.
How much is the grant?
Claim up to 35% of the total cost of our project (min grant £1,000; max £3,500). The grant is now available in Hertfordshire, subject to eligibility.
What can I use it for?
To bring in external skills, coaching, mentoring or bespoke consultancy to drive growth. Support is bespoke so you get exactly the assistance you need.
These are just some of the areas MGP can help you with:
Want more information?
Accessing the Manufacturing Growth Programme is quick and easy. Contact Amanda Freeland at Amanda.firstname.lastname@example.org or telephone 07973 946529. The website is www.manufacturinggrowthprogramme.co.uk.