Posted on 23rd April 2018
Mid Sussex District Council will soon be launching our Microbusiness Grant Scheme for 2018/19 following the success of last year’s scheme. The launch date for the scheme is on the 25th April, this is when the online application opens and businesses will be able to apply. This scheme allows businesses of fewer than 10 employees to apply for grants of up to £2000 in match funding for projects allowing them to develop and grow their business. £1500 of grant funding is also available to support the hiring of an apprentice.
Grant funding for Micro-businesses – Guidance Note
Summary of the funding
– Funding of up to £2,000 is available for projects that will help micro-businesses grow, however must be matched by the same contribution from the business – Funding of £1,500 is available to assist micro-businesses with employing an apprentice – A total of £72,000 is available for allocation.
– Only businesses with fewer than 10 employees, and located in the district, are eligible – Businesses must be properly constituted and able to provide evidence of this (such as accounts, VAT registration number (if applicable), copy of Companies House documentation, evidence of registration as a sole trader) – Projects must be things that will contribute towards the growth of the business and not to cover the costs of “business as usual” – Only one application can be made per business – A due diligence review will be undertaken for each business making an application.
– Applications will require the following information: – Confirmation of eligibility criteria – Confirmation of match funding – Description and cost of the proposed project – Description of timescale for the proposed project – Description of benefits to be delivered by the proposed project.
– Applications can be submitted at any time through an on-line application form (see link below)- The Cabinet Grants Panel will meet monthly to consider applications that have been received – Applicants will receive an acknowledgement of their application on receipt and be advised at which meeting their application will be considered – Following consideration of applications, applicants will be informed of the outcome within 1 week.
– Projects will be required to demonstrate how they deliver one or more of the following benefits:
– Wider outreach – the ability for the project to develop a wider customer base, examples include the development of IT systems or the increase in scale at which the business operates at.
– New business lines – any aspects of the project that lead to the creation of additional services that the business provides, such as new products or a wider range of services.
– More employees – relating to any new sustainable employment that the grant will provide the business, either directly or indirectly through growth. We also strongly support the hiring of an apprentice.
– Community benefit – whether the project delivers benefits to the community such as the promotion or delivery of community events or local charity work.
"As MP for Mid Sussex I believe passionately in the importance of a vibrant local business community in order to create and sustain fantastic opportunities that enable people to meet their responsibilities, prosper and fulfil their potential. I am committed to collaborating with BHBPA and others to be an effective collective voice for Burgess Hill."
"As the local hospice for the area, it’s great that we receive so much support from the BHBPA. Last year the members raised an amazing £2150 through activities such as Bake Off and the BHBiz Awards. Each well planned members meeting enables good networking opportunities and speakers that are relevant to the present climate and local issues. We are proud to be members of BHBPA."
"The BHBPA is the most effective and dynamic business organisation I have ever worked with in over 30 years in Local Government. It has a very active and large membership whose points of view are taken seriously by all government structures. Peter Liddell does an excellent job in providing unique and enjoyable networking opportunities where members interact and discuss points of mutual interest. It provides a forum for businesses to discuss common issues, to share experiences and to play a powerful and meaningful role in the Burgess Hill community. The BHBPA provides important and credible support for all its members and ensures that their best interests are represented where necessary. "
"“We have been members of BHBPA from its inception, and seen the organisation steadily grow and expand into the dynamic entity it is today, bringing positive benefits to all its members.""