A £4m fund to support growing companies in East Sussex
With funding from the Regional Growth Fund, East Sussex County Council is working with Locate East Sussex to support growing businesses through its new Small Business Grants Scheme and Business Growth Funding Scheme.
Financial assistance is offered to medium, small, micro and start-up businesses and social enterprises planning to invest in new capital projects. Projects can include the enhancement and refurbishment of commercial property and purchase of machinery and equipment where they will lead to increased employment.
Small Business Grants Scheme
Small Business Grants Scheme offers grants of between £3,000 and £5,000 to applicants that can show evidence of growth and job creation.
Business Growth Funding Scheme
Business Growth Funding Scheme – for applications over £5,000 grants and loans are available to applicants based on the total investment and on the projections of the number of new jobs that will be created.