The UKSPF Small Business Grant Scheme will open again for applications on Monday 9 September 2024.
This grant scheme offers grants of between £2,000 and £10,000 to purchase new equipment or make improvements to business premises.
Businesses from one to 49 employees can apply for a grant if their business is physically located in the Shropshire Council local authority area.
Applicants will need to demonstrate how the grant will help them create new employment opportunities, or develop new products, processes, or services within their business. They will also be expected to match-fund the amount of grant applied for by at least 50% of the total investment.
As in previous rounds all applicants will need to complete the initial online EOI form. This will be assessed, and successful projects will then be invited to submit a full and more detailed application.
Mark Jones, Shropshire Council’s Cabinet member for growth and regeneration, said:
Details about how to apply and the EOI form can be found at: UKSPF Expression of interest form guidance | Shropshire Council
Anyone with any questions or queries about applying should email [email protected]. Unfortunately, queries cannot be dealt with over the telephone.
The UK Shared Prosperity Fund provided £2.6 billion of funding for local investment by March 2025. From this fund, £15m was acquired for projects across Shropshire.
The fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills.
For more information about the many projects being funded through UKSPF in Shropshire, visit: https://www.investinshropshire.co.uk/uk-shared-prosperity-projects/
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