If you’re in your first three years of trading, access this great range of support to give your young business a boost, helping you become more profitable and successful.
Support on offer includes:
- Free support to review and refresh your business plan, or to produce one
- One-to-one advice from expert yet approachable business adviser, covering a range of topics such as marketing, finance, digital, HR and more
- Free 3 day modular business start-up courses link to info running in Barrow, Carlisle, Kendal, Penrith or Workington covering an introduction to:
- Business planning and self employment
- Marketing, market research, sales forecasts, sales and promotion, social media and pricing
- Planning and managing finance, taxation, book-keeping and credit control
- Other free training/workshops in a range of topics, around the county
- A revenue subsidy of 40% up to a maximum of £2,000 for consultancy or revenue equipment
- Links into other sources of funding and support
- One year’s free membership of Cumbria Chamber of Commerce for all businesses starting up through the scheme (worth up to £400), helping to link you into Cumbria’s business community
ERDF eligible small and medium size businesses based in Cumbria, trading for less than 3 years, with up to 250 full time equivalent employees with an annual turnover of less than £40 million. Please note that some sector exclusions do apply.
You cannot have received/be receiving more than Euro 200,000 of De Minimis support in the last 3 years, including the value of any support you access under this initiative.
If you’re not eligible for ERDF funding, check out alternative support on offer.
The ERDF BSUS project which is receiving £1,112,686 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020, with a £2,225,372 project total. The Department for Communities and Local Government (and in London the intermediate body Greater London Authority) is the Managing Authority for European Regional Development Fund. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding
Other funding is provided by Cumbria Chamber of Commerce, University of Cumbria, Allerdale Borough Council/Sellafield Ltd’s Social Impact Investment Fund, Barrow Borough Council/Furness Economic Development Forum’s Coastal Communities Project, Eden District Council, Carlisle City Council and South Lakeland District Council.