South East Business Boost

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South East Business Boost

If you have a small to medium-size business (SME) or are a start-up based in East Sussex, you can get help to fund a wide range of capital items to help increase sales, improve productivity and boost profitability.

South East Business boost provide a platform for business growth using funding from the EU Regional Development Fund. Grants are available for amounts between £1,000 and £10,000, and are able to cover up to 30% of the total cost of a wide range of eligible capital items, including anything from new equipment and machinery to new technology and processes.

Is my business eligible for a grant?

In order to be eligible for a grant with South East Business Boost, your business must:

  • Be a small to medium-sized business with less than 250 members of staff and a turnover less than £50m.
  • Be spending on a project or purchase that has a long-term growth impact on the business (Not to be used for day-to-day running costs).
  • Have secured a grant offer letter from SEBB before starting the project, with the help of Business East Sussex.

The following sectors are not eligible for SEBB funding:

  • Fishery and Aquaculture.
  • Primary production, processing and marketing of agricultural products.
  • Coal, steel and shipbuilding.
  • Synthetic fibres.
  • Generalised education establishments.
  • Charities and voluntary sector organisations not using a trading arm.
  • Politically-affiliated membership organisations.

 

To find out whether you are eligible for funding and to get your application under way, please contact:

Business East Sussex

Ocean House, 87-89 London Road

St Leonards-on-Sea, East Sussex TN37 6LW

Telephone: 0844 415 2272

Email: info@businesseastsussex.org.uk

Visit: http://www.businesseastsussex.org.uk/south-east-business-boost/

 

Published on Wednesday, August 16 2017.

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