Capital Grants for Small Businesses and Enterprises – UK

The aim of this fund is to increase business growth, productivity, investment and sustainability in North Yorkshire. Businesses and enterprises are encouraged to consider what they need to ‘make one small change’ that will help them thrive and grow.

Priority will be given to applications that are able to show the potential for the grant to have a lasting impact on their business or enterprise (eg business expansion, an increase in the number of suppliers or associates, the retention and attraction of long-term staff, new customers, greater business resilience, new products or services, greater business efficiency). Up to £1,000,000 is available for this fund.

How much is the grant?

• Businesses can apply for one grant of between £1,000 and £10,000. 25% match funding is a requirement of this programme. This means businesses have to fund 25% of the total project cost themselves.
• The total project cost must not exceed £30,000. The grant request must not exceed £10,000.

Who can apply?

• Existing businesses with less than 50 staff that are based in and have a trading address in North Yorkshire. This includes social enterprises and established start ups who have been trading for a minimum of 24 months.

Who can’t apply?

• Businesses getting DEFRA funding for the same project
• Farm businesses, unless the project relates to non-farming related business diversification
• Businesses who have already received a grant under this programme (Applicants can reapply for more funding 6 months after the successful completion of their first grant project)
• Businesses who are currently pre-start up or not yet trading
• Start ups/businesses trading less than 24 months
• Businesses who don’t have their landlord’s permission or planning permission for the project (where required)
• Applicants in debt to North Yorkshire Council.

For more information, visit North Yorkshire Council.