A round up of business news including; information on new support services, grant funding, success stories, advice and information and dates for your diary.

Local businesses invited to Spotlight on Devon Hospitality and Leisure events

08 August 2022

The Heart of the South West Growth Hub is partnering with the Federation of Small Businesses (FSB) to host two free events to support hospitality, retail and leisure businesses in Devon. Recent feedback from FSB has indicated that hospitality, retail and leisure businesses are facing challenges around the recruitment and retention of staff, accessing finance,

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Introducing: Bedroom to Business, 10 Weeks of Free Support for Entrepreneurs

05 August 2022

You’ve discovered something you love to do, and it has the potential to grow and support you financially. But what is your next epic move? How can you take your passion from the kitchen table or bedroom and turn it into a business? The Business & Intellectual Property Centre (BIPC Devon) is staging a free

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UK Seafood Fund: more funding opportunities for UK fishing industry

05 August 2022

The UK government has committed nearly £3 million of funding to 17 new projects under the UK Seafood Fund (UKSF), as part of enabling a resilient and sustainable fishing industry equipped for the future and helping level up coastal communities across the union. The £100 million UK Seafood Fund is divided into four components: science

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Innovate UK Smart Grants

01 August 2022

UK registered organisations can apply for a share of up to £25 million for game-changing and commercially viable research and development (R&D) innovation that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation. Ideas need to be genuinely new and novel, not just disruptive within their sector. Your

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Help to Grow Digital software funding

More business now eligible for Help to Grow digital scheme

26 July 2022

Help to Grow: Digital Scheme eligibility expanded to businesses with at least one employee, meaning up to 1.2 million businesses could benefit. A flagship government scheme that slashes the price of leading software, boosting productivity and growth of the UK’s small businesses, will now benefit even more firms. With Customer Relationship Management software proven to

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Devon Sea Salt

Growth Hub Case Study: Devon Sea Salt

20 July 2022

After five years in the making, Devon Sea Salt planned to launch their first product in March 2020, with exhibitions at many food fairs, markets, and events in the pipeline. However, Following the Coronavirus pandemic, the whole country was plunged into a lockdown and Devon Sea Salt were forced to rethink their business strategy. With

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Fast Start Innovation Grants for cutting-edge start-ups

15 July 2022

UK registered SMES’s can apply for a share of up to £30 million for affordable, adoptable and investable innovations in net zero and healthcare. Innovate UK is offering small and micro businesses a share of up to £30 million in grants alongside tailored business support delivered by Innovate UK EDGE. You can apply for up to

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New Zealand programme launched to boost UK agri-tech growth

08 July 2022

Innovate UK has launched a Global Business Innovation Programme (GBIP) to help UK agritech small and medium sized enterprises (SMEs) pursue growth and innovation opportunities through collaboration with New Zealand peers. The arrangement will strengthen the UK and New Zealand’s collaboration in research, science and innovation. Cooperative activity under the arrangement is expected to be

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Sustainable Farming Incentive now open for applications

30 June 2022

The Sustainable Farming Incentive has opened for applications in England today. The scheme is available to all farmers who currently receive Basic Payment Scheme (BPS) payments. It is designed to be accessible, and will reward sustainable practices that support food production and benefit the environment. The Sustainable Farming Incentive is the first of three new

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British Business Bank

South West experienced UK’s highest growth in equity investment

23 June 2022

The South West experienced the UK’s highest growth of equity investment in smaller businesses last year, finds latest British Business Bank research. –  Investment into South West based smaller businesses increased by 357%, the highest growth of all UK regions and devolved nations, with £821m invested –  The number of equity deals also increased by

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