Seven York businesses are celebrating after they recently secured Local Enterprise Partnership Business Support Grants and more businesses can still benefit from the scheme.
The York businesses which have successfully secured funding are; Choc Affair, Eborcraft, Andrews Signs & Engravers, Trustspan Timber Engineering, Mercers of Yorkshire, Yorvale Ice Cream and Muddy Boots Nursery.
The grants were received from York, North Yorkshire & East Riding Enterprise Partnership and Leeds City Region Local Enterprise Partnership who are still offering grants to businesses who are looking to make capital investment in land, buildings, plant, machinery and equipment, or towards research and development projects which will lead to new products and job creation.
The funding comes from the Government’s £3.2 billion Regional Growth Fund (RGF), which supports eligible projects and programmes which raise private sector investment to create economic growth and sustainable employment.
The schemes involve a simple application process and are open to small and medium-sized businesses (SMEs) employing less than 250 employees and investing in the Yorkshire region, including York.
The funds can meet up to 20 percent of the total cost of investment and must help to create jobs.
Jill Andrews, owner of Andrews Signs and Engravers said: “We recently submitted an application for funding to the Leeds City Region Local Enterprise Partnership to invest in new equipment and it was assessed and approved within a week. The council were very helpful and the process couldn’t have been easier.”
The funds will remain open until all grant monies are allocated, but firms are advised that interest in the scheme across the wider region is high.
For more information York firms can enquire directly to the support teams at the Local Enterprise Partnerships, but for an informal discussion about the grant programmes please contact Adam Gray or Andrew Sharp at City of York Council on 01904 551053 or 01904 555834.