A new fund has been launched to help SMEs in Essex, Kent and East Sussex increase capacity and continue growing.
The South East Business Boost fund is exclusively for small to medium sized businesses (SME’s) or start-ups based in the South East (SELEP) area.
The funding, which provides grants of between £1,000 and £10,000, can be used to purchase goods or services related to increasing sales, improving productivity and boosting profitability.
In order to be eligible for an ERDF grant a business must:
Also, the following sectors are ineligible for ERDF funding:
The South East Business Boost Programme has been part funded by the European Regional Development Fund 2014-20.
It is a partnership between Southend-on-Sea Borough Council, Essex County Council, Kent County Council, East Sussex County Council and Thurrock Council.
To find out whether your business and your project is eligible for the funding and to get your application underway, please contact your regional Growth Hub http://www.southeastbusiness.org.uk or email the programme direct on SEBB@southend.gov.uk