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


New flexible grant funding for research and development projects

21 March 2022

A Programme of Research and Innovation for the UK Steels and Metals Sector Supply Chain (PRISM) is delivering funded research projects at the Materials Processing Institute. PRISM, funded by Innovate UK and delivered by the Materials Processing Institute (www.mpiuk.com) aims to improve the competitiveness of the UK Metals Sector supply chain by providing funded research

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Somerset county council logo

Somerset Growth Accelerator Fund Grant Scheme

16 March 2022

Somerset County Council are seeking applications to their Growth Accelerator Fund grant scheme from businesses operating in the county. Grants are being made available to Somerset SME businesses (Small and Medium Size Businesses of up to 250 employees) to support the growth of eligible organisations to help drive economic recovery post Covid and support Somerset’s

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FSB 3750 South West Policy Cards 5 themes

New report calls for region’s town centres to embrace change

15 March 2022

Towns in the South West need  to be brave, to work in partnership and to fully celebrate their identity in order to deal with the challenges of the future, according to a major new business-led report. The Federation of Small Businesses (FSB) in the South West have produced a wide-ranging report which urges towns to

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Dept for Business, Energy & Industrial Strategy

£288 million fund opens for green heating projects

14 March 2022

Households and businesses across England are set to benefit from greener heating as a £288 million government funding scheme is opened – boosting the roll out of next generation heat network projects as part of cutting emissions.

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Outset logo

Based in Devon and looking to start-up or grow a business?

14 March 2022

If you are looking to set up your own business or grow your recently established small business located in Devon, you can now benefit from support thanks to two new programmes delivered by YTKO in partnership with Devon County Council.   If you are thinking of starting a new business:  Outset Start Devon can help you

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Spatial Quotient

Case Study: Funding Supports Tech for Healthcare

09 March 2022

Exeter-based business Spatial Quotient, which creates tech for hospitals and healthcare, successfully applied for a £210,000 working capital loan to help it fulfil new contracts. The current team of 7 will expand to create 21 new jobs over the next 3 years and the company sees the loan as critical in supporting this growth plan.

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Norse Hawk

Case Study: Warrior Training Centre Receives Funding Boost

08 March 2022

A Viking-inspired activity centre in North Devon received a £10,000 Start Up Loan to help create an ‘ultimate Viking experience’ that emulates Old Norse philosophy. Located in Bishop’s Tawton, this brand-new attraction offers a Norse-style axe throwing experience where players can try their hand at throwing angels, hatchets and bearded Viking axes. Players will also

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Steel Brewery

Case Study: Funding Helps Brewery to Tap into New Markets

07 March 2022

An expanding craft beer brewery based at the Royal William Yard in Plymouth, Steel Brew Co,  benefitted from a £95,000 loan injection which helped it relocate to a new premises with larger brewing facilities. Steel Brew began in 2018 when business owner Nick Palfrey decided to start his own brewery. Using alternative ingredients, Nick began

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Case Study: Funding Brings Agri-Machinery Business into New Pastures

04 March 2022

Devon based Agri Market Insight & Access Ltd (AMIA) accessed a £100,000 term loan to support its ambitious growth plans, including the creation of two new jobs and the amalgamation of various smaller brands into one overarching distributor brand. The family-run business, which has been operating since 2012, distributes agricultural machinery through their extensive dealership

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British Business Bank

British Business Bank Small Business Finance Market Report

04 March 2022

Published this week, the Small Business Finance Markets report from the British Business Bank brings you the latest findings from our annual, in-depth analysis of smaller business access to finance in 2021/22.

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