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Grants of up to £10,000 available to support growing businesses in Bolsover district

Posted by: Laura Hammond

Mon 15th May 2023

Grants of up to £10,000 are being made available to support expanding businesses in the district of Bolsover.

Bolsover District Council is also making smaller grants available to help new businesses.

The council has unveiled two new grant schemes – the Business Growth Grant Scheme and the Business Start-Up Grant Scheme.

The Business Growth Grant Scheme is aimed at businesses that have been trading for more than 18 months.

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The scheme will offer grants of between £1,000 and £10,000 to help businesses grow, create new jobs or become more carbon efficient.

The council explains: “The funding could be used for new equipment and machinery, computer hardware/software or specialist consultancy/training.

“Up to 80 per cent of the total project cost can be applied for (up to a maximum of £10,000) and businesses must be located in Bolsover District and have up to 249 employees. Businesses will also need to be paying business rates to us or be receiving small business rates relief.”

The Business Start-Up Grant Scheme will support new companies and those that have been trading for less than 18 months.

The scheme will offer grants of up to £500.

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Councillor Steve Fritchley, of Bolsover District Council, said: “This is the second business grant scheme we have launched in a matter of weeks and reiterates our pledge to help our local businesses and boost the economy as much as we can.

“This is a great opportunity for our growing local businesses to get a cash injection and help them diversify into new products, expand their customer base and grow their workforce.

“Our team of economic development experts are on hand and ready to help throughout the grant process and I would urge businesses to contact us so we can provide you with as much assistance as possible.”

For more information, call 01246 242512 or email regeneration@bolsover.gov.uk.