Business Link is the government's online resource for businesses. Whether you are thinking of starting up your own business or have been trading for years, their website is packed full of practical help and advice. It covers topics such as VAT & tax returns, employing staff and international trade

New Anglia Local Economic Partnership
Business Support available for Norfolk and Suffolk based business from their Local Economic Partnership (LEP)


Mid Suffolk Business Support

• Does your business need capital to start up or expand?
• Is your turnover less than £500,000 per annum?
• Are commercial rates of interest too much for you to afford?

If yes, then the Mid Suffolk Business Loan Scheme may be the thing you were looking for.
 
Mid Suffolk District Council is working in partnership with Barclays Bank to offer loans of up to £50,000 with the interest rate being subsidised for the first two years, of up to 4% (year one) and 4% (year two).

Eligibility

• Your business must be based within the Mid Suffolk District
• Your annual turnover must be less than £500,000
• You must be able to demonstrate need for subsidy
• All loans are discretionary and subject to Barclays standard terms and conditions

For further information contact:

Steve Abbott, Local Business Manager, Barclays Bank, Needham Market.

Tel 01449 623040

Mid Suffolk also have a limited capital grant fund to assist with the conversion of properties into commercial use. Grants of up to 25% can be given for building works. Grants cannot be given retrospectively for work already started and planning permissions must be in place for any works.

For further details or to discuss your project, please contact Mrs Dawn Easter, Economic Development Officer

Mid Suffolk District Council
Council Offices
131 High Street
Needham Market
Ipswich
Suffolk
IP6 8DL

telephone: 01449 724635.
Email: Dawn.Easter@MidSuffolk.gov.uk