Financing Your Business

Financing Your Business

European Funding

Cumbria has an allocation of approximately £72m* of European Funding for the period 2014-2020. This offers significant opportunities to support business growth, to create jobs and improve skills levels.

The funding is split across three main areas:

  • European Regional Development Fund (ERDF) – Aimed at providing support for research and innovation activities, small to medium size business creation and growth and the creation of a low carbon economy.
  • European Social Fund (ESF) – Aimed at providing support to increase employment opportunities, promoting social inclusion and investing in skills to enable people to reach their full potential.
  • European Agricultural Fund for Rural Development (EAFRD) – This fund provides support for rural businesses to start-up, grow and expand, improve knowledge and skills and encourage tourism.

For more information see or email

  • ESIF

Get in Touch

Contact us today for help and advice on starting or growing your business.

Tel: 0844 257 8450