Help for business

Dear All,   I have recieved information about funding for business (see below) which may help you,  with no formal body such as a Chamber of trade in the town it is difficult to get this out to business.   Please share this information

Regards Armand

http://www.cornwalldevelopmentcompany.co.uk/investment-funds/business-boost.html

http://www.cornwalldevelopmentcompany.co.uk/investment-funds/rbis.html

Hello – as a contact with a local Chamber of Commerce, I am sending you some information to make you and your Chamber members aware of the recent launch of a grant for eligible businesses. The grant is called the Rural Business Investment scheme and can apply to a range of businesses in Cornwall such as manufacturing, ICT, tourism as well as the more traditional ‘rural’ businesses involved with processing agricultural, horticultural and forestry products etc. I attach a web link to the relevant website where further details can be found including how to make application for this fund.

This grant is a recent addition to the original four grants contained within the Business Boost* programme that was launched last year by Cornwall Council and the Cornwall and Isles of Scilly Local Enterprise Partnership (L.E.P.).  Further details on these funds can be accessed via the link to the Business Boost* programme above.

Note * Business Boost was launched by Cornwall Council and the L.E.P. as it was recognised that national grants such as the Regional Growth Fund are a good support mechanism for established manufacturing companies with project teams. Cornwall Council and the L.E.P. understood that the majority of Cornish businesses are small and would be unlikely to be able to draw up and submit detailed bids for projects under the times scales under which the Regional Growth Fund operates. Consequently, the Council and L.E.P. bid for money from the Regional Growth Fund and combined this with some of its own money to create a £17 million pot. This is called Business Boost. The original four funds that made up Business Boost were launched in May 2012 and one of them will be available until March 2015. This will allow small businesses the time to put a project together and submit bids outside of the time constraints of the Regional Growth Fund. Early contact with the relevant contact point in the guidance link above is strongly advised if you believe your business fits the criteria of one of the funds. The Rural Business Investment scheme has been added in the last few weeks as a fifth fund under the overall Business Boost programme. The programme is administered by the Cornwall Development Company which is an arms length company of Cornwall Council.  

Regards

Stephen

Stephen Vinson

Business Investor Support Advisor

Economic Development

Chief Executive's Department

Cornwall Council