Latest News

14 Sep

Integrated Transport Planning is the Chamber’s Nottinghamshire Business of the Year

Integrated Transport Planning is the Chamber’s Nottinghamshire Business of the Year

09 Sep

Bloc Digital is the Chamber’s Derbyshire Business of the Year

A specialist in the creation and re-use of digital information has won the East Midlands Chamber Derbyshire Business of the Year Award 2019.

03 Sep

Women in Leadership course – September 2019

Nottingham Business School are running two 3-day courses in September that focus on women in small and medium-sized enterprises (SMEs) who want to progress into senior or leadership roles.

Funding for New Businesses

There are a number of possible sources of finance for your business including:

  • Personal savings
  • Family and friends
  • Bank and other loans
  • Grants
  • Equity funding
  • Crowd funding

If you are unemployed and in receipt of Job Seekers Allowance or certain other benefits, you should ask your Job Centre about New Enterprise Allowance as this can offer both financial and business advice for getting started.

Start Up Loans

A Start-Up Loan is a government funded scheme to provide advice, business loans and mentoring to startup businesses, backed by the British Business Bank.

A number of local delivery partners are available in the East Midlands region.

NBV Grant for New Business

The NBV Grant for New Business supports start-up businesses based in Nottinghamshire and Derbyshire that are registered with Companies House or HMRC and ready to start selling to other businesses.
Grants of between £1000 and £2500 are available, up to a maximum of 25% of eligible costs, and can be used to purchase services or equipment to help you launch your new business.

 

Social Enterprise Exchange - Accelerate grants for start-ups


Start-up grants from £1,000 to £1,500 to new social enterprises registered in the last 12 months within the Sheffield City Region.  Social Enterprise Exchange offer advice and guidance, access to grants for start-up and growth, as well as events and networking opportunities.


 

A number of local authorities offer funding to help start a business in specific areas.  For more details look at Local Access to Finance.

Find out more about sources of finance.