Small Business Grant Scheme
We have been allocated a sum of £100,000 from the UK Shared Prosperity Fund (UKSPF) to provide support to new and existing small businesses operating in South Cambridgeshire.
To achieve this, we have set up the South Cambridgeshire District Council Small Business Grant Scheme.
The scheme provides free expert advice and support for entrepreneurs who are looking to start up a new business and for existing businesses with up to nine employees who are looking to grow within the district.
Free start-up advice will be delivered by the Business and Intellectual Property Centre Cambridgeshire and Peterborough (BIPC) and the Cambridgeshire and Peterborough Combined Authority (CPCA) Growth Hub. They will help entrepreneurs ensure their new business is viable, providing advice on creating a business plan, and how to register and market a new business.
Please contact businessgrants@scambs.gov.uk quoting ‘Small Business Grant’ and our team will discuss the options available to you.
Small businesses already registered and trading in South Cambridgeshire are eligible to apply for grants of up to £5,000.
The funding will be available during the financial year 2024-25; however, the fund will close once the full allocation is spent.
Eligibility
The grant scheme is open to applications from businesses with 0 to 9 employees who are based, registered and trading in South Cambridgeshire and can demonstrate:
- An innovative and ambitious business plan with evidence of the business ability to grow over the next 2 years
- Evidence of how any funding received will be used
- Number of jobs safeguarded and/or created
- Economic, environmental and social impact
Applications close 31 October 2024.
Examples of what the scheme can support
Grants of up to £5000 are available to fund:
- Website development
- Brand development
- Marketing campaigns
- Training for upskilling existing staff
- Commissioning of research
- Purchase of machinery and associated tooling
- Purchase of office or technical equipment
- Electric vehicles for solely business use
- Purchase of IT hardware
- Renovating buildings or businesses premises including furnishings – subject to any planning consent required
