Below is a brief list of public sector support available from
other agencies. There are very few grant schemes at the moment and
new businesses should not rely on grants to help them start up
their business.
CALLING ENTREPRENEURS IN SEARCH OF FUNDING
‘Understanding Finance for Business’ workshops – January – June
2010
including 28 January at IP City Centre
If you are starting or growing a business and you’re looking for
funding of more than £10,000, you may need help to work through the
different options to identify which type of funding will work best
for your business. Grant? Bank? Friends & Family?
Business angel? Venture Capitalist? There’s a bewildering
choice of options, some of which come with strings attached,
begging a host of questions.
Sign up for “Understanding Finance for Business” and you’ll get the
answers you need from experts in business finance. The
programme is free of charge and starts with an informative and
interactive workshop before progressing to more detailed workshops
and/or mentoring. There are spaces on workshops in Harlow,
Ipswich, Hethel, Cambridge, Stevenage, Luton, Chelmsford and
Norwich. Follow this link for testimonials, dates/venues etc
or to sign up:
www.eeda.org.uk/finance
Do you need funding for a large capital investment such as purchase
of land or buildings, installation of large machinery or new
processes? Selective Finance for Investment in England is a
discretionary scheme designed to support businesses intending to
make investments in order to grow.
The primary objective of this scheme is to drive growth in the
East of England's businesses by improving productivity and creating
or safeguarding skilled jobs.
Grants will, on average, cover 7.5 per cent to 15 per cent of
the project's total cost. £10,000 is the minimum grant value
available. For further information
click here.
Are you looking to develop an innovative process or product,
make a prototype or run a feasibility study? Then the Research
& Development Grant can provide a significant amount of funding
to help you. For further information
click here.
Having trouble raising a loan from your bank because you do not
have enough assets for security? Then the
Small Firms Business Loan Scheme can help. This government
funded scheme can help to guarentee business loans up to
£250,000.
Business Link East
www.businesslinkeast.org.uk
The latest information on any grants, financial support and
advice for all types of businesses based in Suffolk
Foundation East
www.foundationeast.org
This organisation lends money to new businesses, existing
businesses, self employed people and social enterprises that can’t
get a loan from a bank or need additional funds to match bank
lending.
The Carbon Trust
Interest-free
energy loans
Help and advice for businesses looking to reduce energy
consumption, reduce carbon emission and develop new
technologies.
Eastex - Suffolk Materials Exchange
www.eastex.org.uk
Help to reduce your waste by advertising and selling your surplus
materials.