09 September 2021

Commercial businesses in Mendip are being invited to apply for funding to help them face the challenges and opportunities of the emerging economy, post COVID-19 and Brexit.

Grants ranging between £5k and £20K are up for grabs for the most promising project ideas.

The new discretionary Business Revitalisation Grant for Mendip, will be launched at 9am on Monday 27th September. Applications close two weeks later, at 5pm on Monday 11th October.

The grant is aimed at businesses employing between five to 49 staff, who have a viable project idea which has the potential to ‘revitalise’ their business. Please note this is not a wage support grant.

Projects that aid business resilience, boost profits, secure existing jobs and potential new employment opportunities, but additionally provide social or environmental benefits for the wider community (for example lowering carbon emissions, providing a new service for the local area or using suppliers in the Mendip district), will be looked upon favourably.

To apply for the funding, applicants must first complete an Expression of Interest Form and outline their project proposal. Selected businesses will progress to stage two, where they’ll be offered a 1-2-1 session with a business advisor to discuss the challenges and opportunities for the business and the project in more detail.

Following the advice session, businesses will be in a strong position to complete and submit their grant application for consideration by a Mendip District Council awards panel. If successful, the grant could cover up to 75% of the project’s capital and/or revenue costs.

For further information, guidance and eligibility criteria, and a step-by-step guide to completing the Expression of Interest form and final grant application, visit: Business Revitalisation Grant for Mendip

 

Latest news filter

  • Category

  • Date (to/from)

Stay up to date with the latest news, business support, funding and events happening locally.

    Newsletter sign-up


    Data Protection
    The Heart of the South West Growth Hub service is funded by the Department for Business, Energy and Industrial Strategy. Plymouth City Council are the Managing Authority on behalf of Heart of the South West Local Enterprise Partnership.
    Somerset County Council is the Accountable Body and the Data Controller for the Heart of the South West Growth Hub Service.
    Please see Somerset County Council’s Privacy policy for information about how your data is used and stored by visiting Somerset County Councils website: http://www.somerset.gov.uk/accessing-our-information/privacy-notices-and-cookies