Small businesses in Belper are being urged to bid for grants of up to £75,000 designed to help fledgling firms flourish.
Derbyshire Economic Partnership, backed by Derbyshire County Council, secured £3 million for small businesses from the Government’s Regional Growth Fund.
Businesses around the county are already benefitting with around £5oo,000 already awarded to 25 businesses through the Global Derbyshire Small Business Support Programme.
The programme, which was set up to distribute the funding, aims to create at least 200 new jobs, safeguard at least 48 more, and attract £4m of private sector investment into the county.
Now the bidding process has been simplified to encourage more small businesses to bid for a share to help boost the local economy and generate jobs.
Businesses could be eligible for a grant of between £4,000 and £75,000 if it leads to the employment of at least one extra person.
Grants are available for things including: help set up a new business; buy plant, equipment or machinery; fund staff training and development; pay for website development; set-up online trading and develop a new product or service
Councillor Joan Dixon, Derbyshire County Council cabinet member for jobs, economy and transport, said: “If your business could benefit from a grant of up to £75,000, we want to hear from you.
“In challenging economic times, we understand small business may think twice about committing the necessary investment to grow. The match funding available through this project might just give them the helping hand required to take the next step towards job creation.”
Businesses already awarded funding from the programme are seeking to create 80 jobs from their grant projects.
Richard Horsley, chairman of the Derbyshire Economic Partnership, said: “The aim of Derbyshire Economic Partnership is to champion the needs of business, promote growth across our great county and ensure all the key movers and shakers in Derbyshire are focused on delivering jobs and prosperity.”
Businesses need to apply by November 2014 and any projects awarded funding need to be complete by March 31, 2015.
For more go to www.derbyshireeconomicpartnership.org.uk, or contact the council by email: g email@example.com, or 01629 539325 or 01629 538245 or visiting www.derbyshire.gov.uk/globalderbyshire.