The Vision Derbyshire grant scheme offers capital and revenue support for early stage businesses registered in Derby and Derbyshire.
You must be in your first 12 months of trading and registered with Companies House or HMRC and selling either business to business or business to consumer. If you are not registered in Derby or Derbyshire, a full justification can be provided to confirm the grant investment will benefit the Derby and Derbyshire area.
Grants of up to £10,000 may be available.
Where the project value is £1,000 - £4,000, a grant of up to 50% will be provided. For projects of £4,000 - £10,000, 25% grants will be awarded.
There maybe be variations in the above, in exceptional cases.
Funding must go towards:
Funding will not go towards essential running costs i.e. statutory obligations, utility bills, wages/ salaries, overheads, insurance, tax, basic standard IT, stock/consumables, feasibility studies/planning applications/professional fees, e.g. architect, accountant, consultant, basic training, radio/vehicle/newspaper advertising or vehicles and other mobile infrastructure.
No retrospective claims for items paid before project commencement will be considered. The business will be required to pay the supplier for the full cost of the project before claiming the grant element. Therefore, funds must be in place to cover these costs prior to submitting the application.
To find out more about the Vision Derbyshire scheme and request support please email business@derbyshire.gov.uk with a brief description of your business venture, its current status and your contact details (name, address, email) and a Vision Derbyshire business advisor will be in touch.
If you would like to know more about the support available from D2N2 Growth Hub please complete the form below.
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