Latest News

15 Aug

Chamber appoints a new Chair to the Board of Directors

Trentbarton buses boss Ian Morgan OBE has been appointed Chair of the Board of Directors at East Midlands Chamber*

14 Aug

Impact of lost businesses felt in latest employment figures

The impact of a number of high-profile business closures earlier in the year has begun to filter through to the unemployment figures for the East Midlands.

14 Aug

Rural Community Awards Now Open

The Plunkett Foundation is welcoming applications for this year’s annual awards celebrating achievements of rural community businesses in tackling rural issues.

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.

The Big House CDI grant

The Big House CDI Grant supports businesses in the creative and digital industries sector in Derbyshire and Nottinghamshire to start and grow. Eligible businesses will be trading or ready to start trading in Derbyshire or Nottinghamshire, registered with Companies House or HMRC and sell business to business NOT business to customer/retail. Grants of between £1000 and £2500 are available, to a maximum of 25% of eligible costs, minimum project spend £4000.


Social Enterprise Exchange

Accelerate your social enterprise start-up with a programme of start-up workshops, bespoke support, networking and social enterprise start-up grants provided to start-ups in the Sheffield City Region through the Social Enterprise Exchange.

 

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.