Staffordshire Moorlands ‘To Thrive’ Business Development Grants Programme (UK)

It provides grants to businesses for the implementation of plans to achieve business growth and innovation.

Objectives

• The objective of this grant is to support the creation, diversification and expansion of businesses in Staffordshire Moorlands.

Funding Information

• For businesses who have been trading for at least 12 months and can provide a full set of recent certified trading accounts or latest management information. Grants are available for 80% of the costs up to a maximum grant of £10,000 and a minimum grant of £2,000.

Eligible Projects

• It provides capital grants to businesses for a specific project or investment. The following are examples of eligible project costs and are not exhaustive:
  • Construction and fittings associated within the conversion or refurbishment of business premises.
  • The purchase of capital equipment where it supports business expansion, (excluding road vehicles or related items like trailers
  • Funding may be used for projects looking to: undertake innovation, adopt new technologies, improve carbon footprint, diversify into new markets, develop and promote the visitor economy, develop local tourist attractions and/or enhance local visitor experiences

Ineligible Costs

• It does not cover:
  • Training
  • Computers/Laptops
  • Mobile phones.
  • Monthly/annual subscription charges.
  • Marketing/advertising costs
  • General business stock items or tools of the trade.
  • General repairs & Maintenance
  • Costs associated with statutory obligations
  • Websites
  • Rent/utility fees
  • Delivery and Installation costs
• These are examples only and not an exhaustive list.

Outputs

• Outputs for the Staffordshire Moorlands ‘To Thrive’ Business Development Grants are:
  • Supporting growing businesses that are adopting new or improved products or services
  • Supporting growing businesses that are adopting new to the firm technologies or processes

Eligibility Criteria 

• Businesses:
  • Must be an SME and trading in the Staffordshire Moorlands District Council area
  • Have been trading and for at least 12 months
  • Be profit seeking
  • Anticipating an increase in turnover
  • Delivers against the grant schemes outputs
  • Have obtained all legal requirements necessary to run the business legitimately and accommodate planned changes e.g. planning permissions, insurances or accreditations. Evidence may be requested.
  • Priority will be given to those businesses who haven’t been in receipt of a UKSPF or REPF grant.

For more information, visit Staffordshire Moorlands District Council.