Fuse Fund £4m Regional Growth Fund

by: David Sharpe

I am delighted to see a new Regional Growth Fund

http://www.fusefund.co.uk

The Fuse Fund is a £4m enterprise programme designed to support businesses trading less than three years

In partnership with Lancashire Business View www.lancashirebusinessview.co.uk.

It is a competitive grant and business support scheme that will help new businesses to finance growth projects creating jobs and investment across Lancashire.

What for?

Capital investment projects:

  • Machinery
  • Property improvement
  • Building expansion
  • Infrastructure improvement

How much?

  • Minimum grant funding of £5k to a maximum of £50k
  • Grants will be allocated on a 1:3 ratio, 256% of the total project cost. Therefore a minimum of £5,000 grant is allocated on a total project cost of £20,000

Am I Eligible?

Eligible businesses will comply with the following criteria:

  • Based in or locating to Lancashire, including Blackburn with Darwen and Blackpool.
  • Trading under three years.
  • Has received less than 200,000 Euros in public support in the last three years.
  • Will create jobs and growth.

What is the process:

Contact me d.sharpe@pierce.co.uk on 01254 688100 for a chat or go to:

 

http://www.fusefund.co.uk