What is the Elmbridge Start-Up Fund?
The Elmbridge Borough Council is seeking applications for its Discretionary Re-opening Grant Scheme for businesses who do not pay business rates. The current Elmbridge discretionary re-opening grant scheme is aimed at businesses, ratepayers and non-ratepayers where their operation has been adversely impacted by covid restrictions. The Elmbridge start-up fund was set up to help start-ups with one off costs such as one-off marketing, purchasing of equipment or anything that would help a business to start operating in Elmbridge.
You can apply for a grant of up to 50% of the eligible costs, up to a maximum of £1,000. Applicants are expected to fund at least 50% of each item as part of the project costs. The fund is only available to businesses that are looking to set up within Elmbridge, are not taking over an existing business or have set up in Elmbridge within the last 6 months
The local council for the Elmbridge borough also offer many other forms of support, which include some of the following:
- One-off grants of up to £1,000 are available for certain start-ups from Elmbridge County Council.
- Enterprise M3 Local Enterprise Partnership provides access to loans as well as equity funding.
- Online e-learning courses are available to those who work within the catering sector directly with Elmbridge Borough Council.
The scheme cannot provide funding towards items which have been purchased prior to the offer of a grant. The Fund supports voluntary effort, not just for a single cause, but across all sectors including; isolated older people, those affected by long term illness and disability, young people and families living in poverty and disadvantage.
The fund makes it easy for local residents to support the breadth of needs in Elmbridge:
- Exclusively supporting local community projects
- Pooling donations from companies, individuals and families to make a bigger impact
- Providing a sustainable source of funding to support the evolving community needs
- Developing the capacity to respond to local issues as they arise
