The Liverpool City Region Capital Grant Fund, delivered in partnership with St Helens Chamber is now open for applications.
St Helens Chamber is looking to start undertaking a full appraisal of applications from businesses in readiness for consideration by the Investment Panel once the Grant Funding Agreement from the Combined Authority has been received and accepted.
The Capital Grant Fund will support small and medium sized businesses operating in B2B sectors with high growth potential that are looking to invest in their future plans for expansion through the purchase of plant and equipment or other fixed assets.
Over the past year, many businesses have had to pause plans for investment and expansion due to the impacts of the pandemic, the new fund has been launched at an opportune time, when firms are working to get things back on track and planning for the future.
The new Capital Grant Fund is part of the European Regional Development Fund and is open to SMEs based in the Liverpool City Region, excluding Halton, that are looking to develop their business with capital investments, including but not limited to:
- Digitisation
- Innovation
- Low carbon technology adoption
- Reaching new markets
Grants from minimum £10,000 to maximum £75,000 are available, providing 20% towards the cost of business investment. The grants cannot pay for day-to-day running costs, staff wages, servicing debt or towards cash flow.
Geoff Bates, Business Support Manager at St Helens Chamber, said: “We have successfully delivered capital grant funds in the past and are excited to be involved in this programme which will be a catalyst to growth, giving businesses throughout Liverpool City Region the opportunity to forge ahead with their expansion plans that have been put on hold over the last year”
To register your interest in the new Liverpool City Region Capital Grant Fund, go to: https://www.sthelenschamber.com/business/liverpool-city-region-capital-grant-fund/
For more information contact Mick Gallagher, Grant Fund Investment Adviser, on 07833 309536 or email businessgrants@sthelenschamber.com