Stafford Borough Business Growth Grant Programme

About

The Stafford Borough Business Growth Grant Programme, funded by the UK Shared Prosperity Fund, offers independent micro, small, and medium-sized businesses in Stafford Borough the opportunity to receive matched funding grants ranging from £2,000 to £25,000 to support various growth initiatives, including digital projects, marketing, and capital equipment, with a focus on enhancing business capabilities and promoting sustainability.

Benefits

• Matched funding at an intervention rate of 80% from SBC and 20% from the SME
• Grants ranging from £2,000 to £25,000
• Support for various projects including website design, marketing, professional services, and capital equipment
• Funding towards decarbonisation initiatives

Eligibility Criteria

• Must be an independent profit-seeking business based in Stafford Borough
• Must have been trading for more than 2 years
• Must not be controlled by a corporate entity
• Privately owned and not a public company (plc)
• Must employ less than 250 full-time equivalent persons
• Annual turnover must be ≤ £44 million or balance sheet total ≤ £38 million
• Must not have received more than £315,000 in public subsidies in the last three financial years
• Must not have purchased the service/product prior to grant approval