What is Reigate and Banstead Business Support Grant?
The Reigate and Banstead Business Support Grant of up to £1,000 is available to businesses wishing to start, develop or grow. If you live in the borough or your business is based in the borough and has fewer than 4 employees, you could be eligible. Grant can be used to help fund new or improved equipment like machinery or tools through to IT and training. Simply fill in the online application, send us your supporting documents, then you will be invited in for an interview to discuss your business ideas. The interview will take place online and will take about 20 mins.
The grants are designed to help businesses that have great growth plans but need some funding to help unlock their projects. Businesses will be offered free support to help with their application and applicants have access to a range of subsidised services to assist with their growth ambitions.
The grant Fund will provide grants of up to £2,000 to support our local voluntary, community and faith sector partners to deliver activities or projects which benefit our residents and which:
- Respond to local community needs
- Encourage engagement between the voluntary, community and
faith sector organisation and the Council to support our residents - Promote the role of Councillors as community leaders
The award-winning business will be able to demonstrate:
- How the grant has helped the business to grow, develop and become sustainable
- How the business is part of the local business community
- Its business plan for growth
Applications are particularly welcomed from high-growth, high-innovation, and/ or low carbon and environmental technology SMEs wishing to expand and diversify. Businesses in other sectors and those projecting modest growth are also being encouraged to apply.
Applications have to show how the jobs created are new and do not merely displace those in similar businesses. Retail and hospitality businesses in particular will have to show a strong case for how their proposal is significantly different to anything else in the market.
