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Derbyshire Business Support Grant Scheme (DBSGS)

Capital or revenue funding of £2,000-£50,000 for Derby & Derbyshire SME businesses with the aim of supporting your business to expand, relocate, improve productivity by investing in supply chain or introduce new technologies, R&D etc. Grant can cover consultancy, training, working capital, rental or staff costs*  with a long term aim to increasing investment, growth and jobs in the area.

The scheme funds 50% of costs and grants are available to Sole Traders, Partnerships and Limited companies (micro and SME businesses and start-ups) who pay or will pay business rates as part of the grant funded project. The scheme is open to retailers or companies that both produce and sell directly to the public.

Please be aware that applications are subject to a competitive process and there is no guarantee of funding being granted.  The volume of requests received mean that awards are likely to be prioritised.·        

Output measures to include :-

1.  Turnover Growth or Profitability - 'supporting firms to become more productive and competitive' with agreed milestones.

2.  Overall value of project 

3.  Support diversification into new markets

4.  Create jobs

The grant is administered by Derby City Council but is open to all businesses in Derby or Derbyshire.

 

How to Apply

To receive a copy of the funding application contact Stephen Turner, stephen.turner@derby.gov.uk Tel: 01332 640987

 

* Grant requests which are predominantly towards employment of new staff are unlikely to be successful unless there is a particularly compelling justification that investment in particular staff will directly leading to innovation or expansion within the business by entering new markets etc.