Broadland enterprise grant scheme

This scheme aims to encourage and support the expansion and growth of small micro businesses within the district that are at least six months old.

This scheme will help local businesses to grow and prosper, adding to the local economy. Investing and supporting our new businesses helps aid the economic growth of Broadland.

We understand the financial impacts of Covid, so we now see this as part of supporting the recovery of the business community from the effects of the pandemic and putting those businesses on a better footing for future trading.

Who can apply for support under this scheme?

Any existing Broadland business located in the Broadland District Council area who fits the business criteria and supplies the documents requested.

How much grant funding can be claimed per business and at what stage will it be paid?

  1. Grants will pay for 50% of the cost of eligible items (see below) up to a maximum amount of £750 per business application in the Broadland District Council area. £1500 of expenditure will secure maximum grant.
  2. Grants will be paid only after application approval in writing and on production of receipts for the relevant purchases.
  3. We will pay the costs including any VAT, except where the business is VAT registered in which case we will pay costs excluding any VAT.

Please note: grants will not be awarded for expenditure already made or bought before approval given in writing.

Eligibility

The business must be based in the Broadland district council area and operate for a minimum of 16 hours per week.

  1. You cannot apply for this grant if you have previously received an Enterprise grant from Broadland District Council.
  2. If you have previously received a Start Up Grant there must be a minimum of 18 months in between applying for this one.
  3. The business must employ fewer than 10 employees or part time equivalents.

Business activity suggestions

Listed below are a range of business activities that can be applied for under the Enterprise Grant. The list is by no means comprehensive and should only be used as guidance and not a definitive list. You can use the grant towards one or more business activity:

  • specialist training and refresher courses
  • training associated with new regulations
  • the purchase of specialist software
  • sign writing
  • design and printing of promotional literature, exhibitions
  • uniforms with your business logo
  • membership of professional bodies
  • business development consultants
  • website set up and design

Please note: grants are not available to fund computer hardware unless sufficient evidence is provided to show that your business could not develop without such equipment.

Evidence and documentation for your application

You will need to provide various pieces of information to complete your application. The webform will timeout after two hours of entering so we strongly recommend that you make sure you have copies of your documentation available to upload. Examples of some of the information and evidence required include:

  • a copy of your most recent accounts/ profit and loss statement
  • a copy of your tenancy agreement/council tax or business rates bill
  • a copy of your bank statement
  • quote or quotes for proposed grant expenditure

As part of your application process you will be asked for your companies house registration, your VAT number or your HMRC UTR number applications cannot be submitted without one of these.

After approval you will be required to submit receipts and proof of payment for items of expenditure before payments are made.

Start your application to the Enterprise Grant scheme

Economic Development

Telephone: 01603 980441