Business Resilience Innovation Grant Funding – Grants of up to £25k for established businesses

Funded by West Northamptonshire Council Additional Restrictions Grant, the University of Northampton is offering access to businesses in West Northamptonshire to:

• Grants from £1,000 to £3,000 for Start up businesses under 3 years old
• Grants up to £25,000 for established businesses over 3 years old who have between 3-250 employees and a minimum turnover of £200,000

To register interest please email ARGWest@northampton.ac.uk

The South East Midlands Local Enterprise Partnership (SEMLEP) publishes the results of the 2021 Business Survey, identifying the economic challenges and opportunities facing businesses in Milton Keynes, Northamptonshire, and Bedfordshire.

To read the full report, visit the SEMLEP website.

SME owners in North Northamptonshire whose businesses have been affected by Covid-19 currently have access to in-depth business support, funded by the Government’s ARG scheme and delivered by SEMLEP’s Growth Hub.

Businesses who join the programme will receive an invitation to apply for a grant of up to £3,000, and three in-depth sessions with a SEMLEP’s Growth Hub business adviser.

Visit the website for more information.

The Recovery and Resilience Grant scheme is reopening for Expressions of Interest from 10 am, 4th October – 10 am, 18th October.

The Recovery and Resilience Grant scheme offers match funding to businesses to invest in new technologies, plant equipment, or machinery to help businesses create employment opportunities.

The minimum grant amount that can applied for is £5000, and the maximum grant available is £50,000. The grants are designed to build resilience for businesses that have been affected by Covid-19 by supporting investment projects that will create a significant, positive impact on the business’s future.

Find out more at the SEMLEP Growth Hub website.

Northamptonshire Community Foundation has launched a new fund to support social enterprise initiatives that will help with the economic recovery from the pandemic.

Social enterprises based in the county can apply for up to £5,000 to help support decent work and economic growth within local communities.

The activities must benefit local residents, especially those that may be disadvantaged and vulnerable.

Groups can apply via www.ncf.uk.com with a closing date for applications of Friday 15 October.

Rachel McGrath, Deputy CEO and Grants Director of Northamptonshire Community Foundation said: “We have seen how the pandemic has massively impacted the economic and financial wellbeing of our local communities and so we are delighted to be able to launch a funding programme that will go some way to help support and contribute to local economic wellbeing and give a boost to new and existing social enterprise activity locally.”

Accurate bookkeeping is vital for every business and with the development of online cloud based software, it is now possible to achieve a level of automation and real time reporting to improve the efficiency of your business.  Nevertheless, our research shows that a number of business owners lack the discipline to keep accurate records, resulting in lengthy reconciliations and additional accountancy fees.    This brief blog will highlight the benefits of keeping accurate books, as well as some hints and tips which will save you time and reduce end of year accountancy fees. Continue reading →