Worcestershire businesses can apply for up to £20,000 funding

Worcestershire businesses can apply for up to £20,000 funding

Worcestershire businesses can now apply for up to £20,000 in funding in order to help businesses with their recovery from the COVID-19 pandemic.

The Worcestershire Business Growth Fund offers grants and loans to businesses that are based in Worcestershire and meet the eligibility criteria.

The grants and loans are available for a variety of projects, including:

• New equipment
• Property improvements
• Marketing and promotion
• Research and development
• Training and skills development

The Worcestershire Business Growth Fund is managed by Worcestershire County Council and is part of the government's Getting Building Fund.

To be eligible for funding, businesses must:

• Be based in Worcestershire
• Have been trading for at least two years
• Have a strong business plan
• Be able to demonstrate how the funding will help the business to grow

Businesses can apply for funding online at the Worcestershire County Council website.

The deadline for applications is 5pm on 31st March 2023.

For more information, please visit the Worcestershire County Council website or contact the Worcestershire Business Growth Fund team on 01905 822722.

Applying for the Worcestershire Business Growth Fund

The Worcestershire Business Growth Fund is a competitive scheme and not all businesses will be successful in their application.

To increase your chances of success, it is important to:

• Read the guidance carefully
• Complete the application form in full
• Provide evidence to support your application
• Make sure your business plan is clear and concise

You can also seek advice from a business adviser or mentor before submitting your application.

If you are successful in your application, you will be invited to attend a panel interview.

The panel will assess your application and make a decision on whether to award you funding.