A grant scheme that has injected more than £120,000 into small Richmondshire businesses over the last four years has opened for its next round of allocations.
The Small Business Grant Scheme has another £30,000 in the pot – to support local businesses and economic growth.
In the 12 months to March, 36 schemes were supported, bringing the total over the four years to 142 – with grants going towards everything from IT and computer purchases to website support and training courses. And the initiative has generated another £131,000 in match funding.
The cash will initially be split into five pots, relating to the five areas of Richmondshire – Central, Garrison, Lower Wensleydale, North Richmondshire and Upper Dales – with each area having £6,000 to allocate.
Any unallocated funds will be placed in a central pot after the first three months and will be available to any business to bid for.
Deputy leader of the council, Councillor Ian Threlfall, said: “These grants may only be small amounts of cash but they are making a big difference to businesses around the district.
“We want to help all businesses – the £1,000 can give them a vital boost and help them fulfil their potential.”
Applications for the new funding opened at the beginning of the month and will close once the cash has been allocated.
Applications will be considered on a monthly basis, with the first deadline for bids December 1.
Contact Samantha.coultish@richmondshire.gov.uk or call 01748-901037 for more details.
