Firms urged to act quickly to get a share of £2.5million funding pot

Companies across Bedfordshire seeking to create jobs by investing in new equipment and facilities, or those investing in technology and processes to cut their carbon footprint, have been urged to apply for funding help.

By The Newsroom
Wednesday, 26th June 2013, 6:00 pm
James Stancombe
James Stancombe

Some £2.5million has been put into the Grants4Growth programme across the East of England and the Local Enterprise Partnership which covers Bedfordshire is urging local companies to be quick off the mark.

Business broker James Stancombe is co-ordinating the local programme on behalf of the South East Midlands Local Enterprise Partnership (SEMLEP). He’s aiming to help at least 100 local businesses over the next 24 months, which in turn may help to generate at least 40 new jobs and safeguard many others.

James, based at SEMLEP’s Cranfield offices in Bedfordshire, said: “My job is to ensure that Bedfordshire businesses get as much of the £2.5million as possible,

“My colleagues in surrounding counties will be trying to do the same, which is why it’s essential we really promote Grants4Growth and urge Bedfordshire companies to act quickly.”

Grants4Growth is a free grants programme for small and medium sized businesses which need practical help and financial assistance to help reduce costs, as well as increase competitiveness and resilience.

James added: “All kinds of companies can apply. This month I have been talking to one engineering business owner who makes prototypes and wants a grant to fund a 3D printer, which would improve his product quality and lead times, at a fraction of the cost.

“A firm in Luton has requested support and financial assistance to improve heat recovery in their production process and a sports club has approached me about installing a more environmentally friendly heating system.

“If you want to improve efficiency, reduce carbon emissions and help your business invest to grow then look no further.”

Cheryl Smart, SEMLEP board member and chief executive of the Bedfordshire Chamber of Commerce, said: “This presents Bedfordshire businesses with an exciting opportunity for growth and development. This is a limited pot of funding so we would encourage companies in the county to act quickly and get in touch with SEMLEP today - to secure Grants4Growth funding for themselves.”

Revenue grants are available to businesses seeking specialist consultancy advice, support and studies to promote, market or maintain low carbon and environmental goods and services.

Find out more by talking to Business Broker James Stancombe on 01234 436100, 07920 246813or via email [email protected]

For more details about SEMLEP visit www.semlep.com and for more about Grants4Growth visit www.grants4growth.org.uk