Deadline: 30 November 2025
Stafford Borough Council, through the 2025–26 UK Shared Prosperity Fund, has launched a new fund to support independent micro, small, and medium sized businesses (SMEs).
Funding Information
- £200,000 has been allocated to this funding stream.
- Matched funded grants at an intervention rate of 80% (from SBC) and 20 % from the SME of the total project costs are available. Grants will range from a minimum of £2,000 to a maximum of £25,000 to support businesses to purchase specific products and services to help them scale up their business.
- Your project must be completed within 13 weeks of receiving the Funding Agreement or by 31 March 2026, whichever comes sooner.
Eligible Projects
- Examples of eligible projects:
- Website design and digital projects
- Marketing materials, advertising and publicity, social media campaigns
- Specialist advice to help grow the business.
- Professional services support for implementation of new processes and systems e.g. ISO9001
- Capital equipment such as machinery
- Fitting out of new or existing premises e.g. heating, lighting, cabling, telephone systems, furnishings, IT equipment.
- Upskilling of employees for short courses only.
- Funding towards decarbonisation including feasibility studies and consultancy.
Eligibility Criteria
- Applicant eligibility:
- Must be an independent profit seeking business based in commercial premises, within the local authority area of Stafford Borough and have been trading for more than 2 years.
- Must not be controlled by a corporate entity
- Privately owned and not a public company (plc)
- An independent business can be defined as;
- Operates autonomously and is not affiliated with larger corporations or chains
- Must be currently trading and can provide 2 years of certified or management accounts or for self-employed people 2 years of self-assessment tax returns.
- The applicant also:
- Must employ less than 250 full-time equivalent persons
- Must have an annual turnover of less than or equal to £44 million or a balance sheet total of less than or equal to £38million.
- Must not have received more than £315,000 in public subsidies in the current and previous two financial years (financial year being 1 April to 31 March) including the expected level of grant they are applying for.
- Must not have already purchased the service/product prior to grant application approval and prior to receiving a fully signed funding agreement from the Borough Council.
For more information, visit Stafford Borough Council.