New grant scheme has launched by South Cambridgeshire District Council

  1. Home
  2.  » 
  3. News
  4.  » New grant scheme has launched by South Cambridgeshire District Council

A new grant scheme has launched by South Cambridgeshire District Council (Monday 5 July 2021) to support South Cambridge based micro and small to medium sized businesses looking to scale and grow.

The Growth Fund scheme, using funding provided by Government, is designed to support businesses’ growth and expansion plans in the district. Eligible applicants for the scheme must be South Cambridgeshire based start-ups who are looking to scale and grow quickly, or they can be established South Cambridgeshire based companies who can clearly demonstrate ambitious growth plans in the District. Businesses in any sectors can apply, including, sole traders and partnerships. One- off grants of between £1,000 and £50,000 may be awarded to successful applicants.

Cllr Peter McDonald, Lead Cabinet Member for Business said:

“As Government Coronavirus restrictions ease, the Council is keen to support businesses from all sectors that may have put their growth ambitions on hold during the pandemic and help businesses recover and thrive in the District.

“The Growth Fund scheme is aimed at supporting local micro and SME businesses, with plans to expand. The scheme is open to businesses from all sectors affected by local and national restrictions. In particular, we will be prioritising those who were ineligible for the rate paying schemes such as the Local Restrictions Support Grant and Restart Grant. We also really want to encourage businesses with strong green credentials to apply, to kickstart a green pandemic recovery in South Cambridgeshire.”

All grants require an online application form to be completed. Full details and eligibility criteria on the Growth Fund Scheme, along with information about how to apply, can be found on our Business Support webpage. A handy ‘How to Apply’ guide is also available.

The scheme will end when all funds have been allocated.

Contact Us

Latest News

New Green Savings Calculator from O2

New Green Savings Calculator from O2

UK businesses could benefit from millions of pounds in new savings and dramatically reduce their carbon footprint, thanks to a new green calculator from O2. The new Green Savings Calculator uses details provided by individual businesses, including travel and office...

Women in Innovation Awards 2021/22

Women in Innovation Awards 2021/22

Innovate UK is offering 20 'Women in Innovation Awards' to female entrepreneurs across the UK The winners will receive a £50,000 grant and a bespoke package of mentoring, coaching and business support. The aim of this competition is to find women with exciting,...

Heroes of Net Zero Competition

Heroes of Net Zero Competition

BEIS launches competition as part of the 'Together for our Planet Business Climate Leaders' Campaign As part of the UK Government’s Together for our Planet campaign, BEIS want to celebrate the small businesses taking the most innovative action to go green and become a...