Finance for your BusinessHelping you find investment to grow your business
If you have plans to grow your business, break into new markets or take a new project forward, a grant or Government loan could make all the difference. We help to promote the grants or loans available to support businesses in Coastal West Sussex so that you don’t miss out on the opportunity to apply.
Coast to Capital Business Growth Grants
The first two rounds of Growth Deals saw Coast to Capital secure an allocation of £226m from 2015-2021 to invest in capital projects or as allocations of funding to run as competitive rounds. All projects funded from the Growth Deal are expected to contribute towards the Coast to Capital Strategic Economic Plan and to deliver economic outputs such as new jobs, homes and/or employment space.
Coast to Capital have launched a six monthly call for growth projects that will be funded from unallocated Growth Deal 1 and 2 funds. We are looking for projects under the following themes:
- Infrastructure– Transport including sustainability and resilience, digital infrastructure, flood alleviation, water supply, waste disposal
- Housing and Regeneration– Capital investment for unviable housing schemes to be unlocked, capital schemes that deliver a mix of housing and employment space, regeneration schemes that demonstrate a positive impact to an area
- Skills– Capital investment to develop new facilities that promote economic growth and employment opportunities and skills development, together with skills relevant to local labour markets. Particular attention will be paid to schemes that partner with employers of industry to deliver skills growth.
- Business and Enterprise– Capital investment opportunities to enable business and enterprise growth. This may include investments that purchase capital equipment which will allow expansion of employment, investments that allow business expansion to generate employment and/ or greater economic outputs, Enterprise bids that promote start up and growth opportunities.
This current December 2016 Call will be open for applications from 2nd December 2016 until
5pm on Friday 6th January 2017
Any application received after this deadline will not be considered for funding in this six monthly call. Applications should be submitted electronically to firstname.lastname@example.org
Submissions will be acknowledged within 24 hours. Subject to any changes to deadlines, the project appraisal and prioritisation process will take place throughout January and February 2017 and you should be informed on whether your project has been successful by the end of February 2017.
Other funding sources
Finance South East – The FSE Group works in partnership with the Coast to Capital Local Enterprise Partnership to provide businesses in Coastal West Sussex with the opportunity to apply for business growth funding, investments and loans. Current schemes include: Coast to Capital Growth Fund, Coast to Capital Expansion Loan Scheme, Coast to Capital Funding Escalator and the South East Sustainability Loan Fund.
Growing Places – Coast to Capital is seeking projects that have been put on hold, due to a lack of investment, to come forward. Those in need of £250,000 or more for a project (special consideration may be given to smaller broadband projects) are being encouraged to apply. For further information please click here
The Business Navigator website is the areas portal for businesses. It includes an online directory of business support organisations, a calendar of business events in the Coast to Capital region, resources and videos. The aim of the Business Navigator service is to help businesses in the region quickly find the most relevant support and information.