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Grants for Small Businesses - December 2023

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1. Shared Prosperity Fund (SPF) - Hull Based Businesses: Grants ranging from £250 to £5,000 are available for Hull based businesses to overcome growth barriers. The grant covers 50% of project costs before VAT and can be used for SEO projects, ISO accreditations, business growth plans, and more. Contact the Business Support Team at business.support@hullcc.gov.uk for application details.

3. Hull Employment Grant: This grant is designed to support local businesses in creating full-time roles (35hrs per week or more). It offers a 100% grant of £2,500 per new role over a three-month period (maximum four roles per business). Contact the Business Support Team for more information.

5. Support for Young Entrepreneurs: The MC4C and John Cracknell Youth Bank schemes support young entrepreneurs in Hull. These programmes offer an alternative route for young people looking to start their own business. Find more details at youthenterprise.co.uk.

6. HEY LEP Growing Places Grant: This job creation scheme supports businesses across the region investing in growth strategies, offering grants from £5,000 to £250,000, with support ranging from 10% to 50% of project costs before VAT. Find out more here: HEY LEP - Growing Places Fund.

8. East Riding of Yorkshire Business Grant Support: Explore wider regional funding options at Invest East Yorkshire.

Important Note: To qualify for these grants, businesses must contact the relevant teams and complete necessary paperwork before commencing any project. Expenditure prior to application typically invalidates the grant request.

Please get in touch if you need any help with these.

Wishing you a successful and festive December!

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