County Durham business owners, brace yourself for exciting news! The Durham Business Growth Programme has unveiled a brand new grant scheme, and it's packed with potential to propel your business to the next level. Whether you're a seasoned entrepreneur or a fledgling startup, this grant could be the game-changer you've been waiting for.
So, what's the catch? Well, there isn't one! This grant is all about supporting the ambitions of County Durham's business community, and it's designed to be accessible and beneficial for a wide range of businesses.
Let's dive into the nitty-gritty:
What are the Grants For?
The Durham Business Growth Grant has three main focus areas:
Boosting Productivity: Got a plan to streamline your operations and become a lean, mean, efficiency machine? This grant can help you invest in the tools and tech to make it happen.
Slashing Carbon Emissions: Committed to sustainability and reducing your environmental footprint? The grant can support your green initiatives, from energy-saving upgrades to eco-friendly packaging solutions.
Fuelling Growth: Dreaming of expanding your reach, taking on new staff, or launching that game-changing product? This grant can provide the financial fuel to propel your growth ambitions.
Which Grant is Right for You?
The beauty of this scheme is that it offers three distinct grant types to cater to your specific needs:
Revenue Grant: Ideal for businesses seeking funding to support specific projects or activities that will directly generate income. Think marketing campaigns, website development, or sales initiatives.
Capital Grant: Perfect for those who need to invest in tangible assets like machinery, equipment, or even property to achieve their growth goals.
Hybrid Grant: A flexible option that combines elements of both the Revenue and Capital grants, tailored to businesses with multifaceted growth plans.
How Much Can You Get?
The grants range from £1,000 to a whopping £200,000, with the specific amount awarded depending on your project's scope and potential impact.
How to apply for the Durham Business Growth Grant
The application process is straightforward and can be completed online. The friendly team at the Durham Business Growth Programme is also on hand to offer guidance and support throughout the process.
Here are the key steps:
Check your eligibility: Make sure your business falls within the criteria outlined in the programme guidelines.
Choose the right grant: Identify the grant type that best aligns with your project and growth objectives.
Prepare your application: Gather all the necessary documents and information, as detailed on the programme website.
Submit your application: Submit your completed application online before the deadline.
Top Tip: Take your time, craft a compelling application that showcases the value of your project and its potential impact on your business and the wider community.
Don't Miss Out! Unleash Your Growth Potential Today
This grant is a fantastic opportunity for County Durham businesses to access vital funding and unlock their true potential. Whether you're looking to innovate, expand, or simply become more efficient, the Durham Business Growth Grant can provide the springboard you need to launch yourself to new heights.
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For more information about the Durham Business Growth Grant, visit Durham Business Growth.