SEBB can support businesses by providing 'growth grants' between £1,000 and £10,000 to help 'pre-start' and 'start-up' companies create new jobs and 'new to the firm' products.
Capital Grants are now available
The final round of European Regional Development funding (ERDF) has been secured to support businesses in Essex, who are seeking to develop capacity and increase growth.
- Capital Grants are now available between £1,000 and £10,000.
- Funding is for small to medium sized businesses (SME's) or start-ups.
- The grant can fund up to 30% of the total cost of eligible goods or services.
- The grant can contribute to the purchase of a wide range of capital items related to increasing sales, improving productivity and boosting profitability.
- From new equipment and machinery to new technology and processes, you could potentially re-claim 30% of the total cost up to a maximum grant of £10,000 to help your business to grow.
SEBB funding success stories
Tables listing South East Business Boost case studies
|1 Env Solutions Ltd - Found the application process incredibly easy and received £10,000 towards new manufacturing machinery.|
To find out more see: SEBB Case Study - 1 Env Solutions Ltd
|E. Christian & Company Ltd - The £10,000 grant support they received towards installing a pallet racking system was invaluable!|
To find out more see: SEBB Case Study - E. Christian & Company Ltd
|Hoppily Ltd - Received SEBB funding to acquire the materials they needed to launch their service at local events.|
To find out more see: SEBB Case Study - Hoppily Ltd
In order to be eligible for a SEBB grant, a business must:
- Be a small to medium sized business (with under 250 staff and turn over under €50m);
- Be spending on a project/purchase that has a long term growth impact on the business (not day-to-day running costs);
- Have their Grant Application approved, and the approval date confirmed, before starting the project.
The following sectors are NOT eligible for SEBB funding:
- Fishery and aquaculture sectors;
- Primary production, processing and marketing of agricultural products;
- The coal, steel and shipbuilding sectors;
- The synthetic fibres sector;
- Generalised education establishments;
- Banking and insurance companies;
- Charities and voluntary sector organisations, that are not using a trading arm;
- Membership organisations that are politically affiliated.
To apply for funding
To apply to the South East Business Boost (SEBB), please contact the programme team direct by:
For further information and enquiries