Local Access to Finance

Listed below are current sources of local funding for businesses in the Derbyshire and Nottinghamshire region. Search for nationally operated funding schemes.

Arts Derbyshire

Derbyshire

Business and individuals in the creative sectors.

Ashfield and Mansfield Business Growth grant

Ashfield and Mansfield District Council areas

The Business Growth grant of up to £2500 is available to established businesses who produce a viable growth plan that will encourage job creation and have been registered as trading in the district of Ashfield or Mansfield for at least six months

Ashfield and Mansfield Business Rate Relief

Ashfield and Mansfield District Council areas

Ashfield and Mansfield District Councils will award up to £1,000 of discretionary rate relief in 2015-16 to occupied retail premises with restrictions on eligibility

Ashfield and Mansfield Business Start Up grant

Ashfield Mansfield District Council areas

Mansfield and Ashfield District Councils are offering a grant of up to £1,000 to individuals in the area who are looking to start a business. 

Ashfield and Mansfield Shop Front Improvement Grant

Ashfield and Mansfield District Council areas

The shop front improvement grant will provide up to £2500 to independent retailers already occupying premises having a ground floor and street-facing frontage, who wish to make alterations or repairs to their shop front. 

Ashfield and Mansfield Vacant Shops Grant

Ashfield and Mansfield District Council areas

The vacant shops grant is open to independent retailers taking occupation of a retail property. A grant of up to a maximum of £2500 per property is available

Bassetlaw Enterprise Grant

Bassetlaw

Can offer a single grant payment of up to £2,000 to people who wish to set-up a commercially viable small business within the Bassetlaw District area; and small businesses within the area in the first two years of trading.

Big House Elevator Grant

Derbyshire and Nottinghamshire

Funding to subsidise the cost of freelance talent or expertise to help you with a new project

Community Grant Fund

Derbyshire and Nottinghamshire

Grants for small voluntary and community organisations with a turnover of less than £300,000 towards projects that help people take steps towards a future career

Creative Quarter Loan Fund

Nottingham City

Targetted at Creative and Digital Industry (CDI) businesses based in Nottingham City Council’s local authority boundary but also open to any business based in, or relocating to, a now slightly extended Creative Quarter Loan Fund area in the centre of Nottingham which includes Hockley, the Lace Market, Sneinton Market and Pennyfoot Street and some surrounding areas

D2 Enterprise Growth Fund

Derbyshire

Capital grants for businesses across Derby and Derbyshire to support a maximum of 30% of total project costs and £10,000 per new full-time equivalent job created.  

D2N2 Capital Growth Fund

Derbyshire and Nottinghamshire

Capital grant support for businesses ranging from £1,500 to £10,000 up to a maximum of 30% of eligible project costs

D2N2 Growing Places Fund

Derbyshire and Nottinghamshire

Loans to individual companies or organisations are now being offered of between £250,000 and £2million to finance capital (building and infrastructure) investment, resulting in business growth and job creation.

Derby Enterprise Growth Fund

Derby and Derbyshire

Derby Enterprise Growth Fund offer loans and grants for enterprises who have the ability to grow and create jobs.  Mainly targetting the Derby travel to work area but the scheme will consider applications from Derbyshire based companies who operate outside of this area

East Midlands Business Angels

East Midlands Business Angels Ltd raises investment capital for growing companies. Investments completed range from £20,000 to over £1 million. Our investors back talented, committed managers running businesses.

ENSCITE

Derbyshire and Nottinghamshire

ENSCITE will provide a package of business support activities aimed at local SMEs in the Transport Equipment Manufacturing supply chains to facilitate
growth, improve competitiveness and create jobs

Enterprise Ventures SME Loans

East Midlands

Loans ranging from £150k up to £1m can be used to help you to purchase fixed assets, materials or fund operational costs. Aimed at businesses which have 3 years trading history, minimum £1m turnover, £100k operating profit, current or anticipated

Erewash Golden Hello Grant

Erewash Borough Council

Support to encourage the occupation of vacant retail premises, by new and growing businesses, into Ilkeston, Sandiacre and Long Eaton town centres.

Export for Growth

Sheffield City Region

Funding to support firms based in the Sheffield City Region that are new to exporting or those that are already exporting

FEAST2 - Support for Food and Drink Businesses

Derbyshire and Nottinghamshire

Up to 25% grant funding for eligible businesses to purchase production equipment to help increase their growth, productivity and create jobs along with access to technical support, mentoring and workshops

INSTILS

Derbyshire and Nottinghamshire

Supporting new and established life science companies through funding, events and advice from sector specialists

Invest to Grow

East Midlands

Around 30% funding for investment and development plans that will create sustainable jobs in growth sectors. View case studies here.

Midlands Engine Investment Fund

Midlands

The Midlands Engine Investment Fund (MEIF), supported by the European Regional Development Fund, provides commercially focussed finance through Small Business Loans, Debt Finance, Proof of concept and Equity Finance funds.

N2 Energy Grant Fund

Nottinghamshire

Support for small and medium sized businesses in Nottingham and Nottinghamshire to reduce energy use and CO2 emissions

NBV Grant for Enterprise

Nottinghamshire and Derbyshire

Grants of between £1000 and £2500 are available up to a maximum of 25% of eligible costs for the growth or diversification of existing micro, small and medium sized businesses based in Nottinghamshire and Derbyshire.

NBV Grant for New Business

Derbyshire and Nottinghamshire

Grants for businesses registered with Companies House or HMRC that are ready to start trading and selling to other businesses

Nottingham Creative Quarter Loan Fund

Nottingham City

The Creative Quarter Loan Fund provides loans from £500 to £25,000 at a preferential rate to both new start-ups and existing businesses based within the Creative Quarter.

Nottingham Foresight Fund

Nottinghamshire

The £40 million Foresight Nottingham Fund is a dedicated regional growth fund that has been created to support small and medium sized companies in Nottingham and Nottinghamshire seeking to make investments between £100,000 and £2 million

Nottingham Jobs Fund

Nottingham City

The Nottingham Jobs Fund (NJF) helps you to create jobs and Apprenticeships for those who are 18+ in the city. Work closely with businesses to encourage job creation for unemployed residents.

Prince's Trust Enterprise Programme East Midlands

East Midlands

The Prince's Trust Enterprise programme is for young people aged 18-30 who are interested in self employment. It offers support, loans & business start-up training to those who have a business idea

Productivity Through Innovation

Derbyshire and Nottinghamshire

Funding towards services, and support activities to help SMEs improve productivity and market competitiveness.  Access to salary and on-costs, consumables and equipment and academic expertise through Knowledge Exchange for Innovation (KEI) programme

 

Rural Community Energy Fund

Specific council areas

Though a national scheme managed by WRAP, the fund is only available in certain rural communities in England which include the local authority areas of Bassetlaw, Derbyshire Dales, High peak, Newark & Sherwood, North East Derbyshire, and Rushcliffe.

Rushcliffe Shop Front Improvement Grant

The shop front improvement grant will provide up to £5,000 to businesses improving their frontage in the town centre areas of Bingham, West Bridgford (including Melton Rd), East Leake and Radcliffe.

Sheffield City Region Skills Bank

Bolsover, Bassetlaw, North East Derbyshire, Chesterfield, Derbyshire Dales

Funding to help businesses invest in workforce skills to improve productivity and deliver growth.

Skills Support for the Workforce

Bolsover, Bassetlaw, North East Derbyshire, Chesterfield, Derbyshire Dales

Support to help businesses to assess the skills gaps in their workforce and develop bespoke learning plans to meet them

Small Loans for Business

East Midlands

Loans to support new and existing businesses secure services, purchase equipment or meet a shortfall in funding for specific new projects

Social Enterprise Exchange

Bolsover, Bassetlaw, NE Derbys, Chesterfield, Derbys Dales

Funding and support to start or grow a social enterprises in the Sheffield City Region

StayAhead

Derbyshire and Nottinghamshire

StayAhead offers grant funding to SME’s to access training solutions for their existing workforce. Individuals must work in one of five target sectors: construction, creative and digital industries, health and social care, low carbon or transport equipment manufacturing.

Travel Choice

Newark and Mansfield

Offers free transport planning and advice services for businesses and target groups to encourage sustainable travel and connect people with employment and training opportunities

 

UK Steel Enterprise

Steel industry areas

Loan finance for start-up, expansion, acquisition and buy-out as well as equity finance for growth and company acquisition. Eligible companies will be in steel industry areas including Chesterfield and Worksop

Workplace Travel Service

Nottingham City

Funding to help meet the costs of workplace travel improvements, such as electric vehicle charge points, cycle parking, showers, pool bikes, car sharing and car parking management