Grants of up to £50,000 are being made available to support businesses in the East Riding of Yorkshire after Invest East Yorkshire’s business support services team secured more than £500,000 of Government funding.
The money from the 海角视频 Shared Prosperity Fund (海角视频SPF) and the Rural England Prosperity Fund (REPF) can be used for capital investment such as new equipment or machinery, farm diversification, the creation of new tourism accommodation, and carbon reduction projects including solar energy.
In addition, new start-up grants of up to £750 are available to support entrepreneurs and training grants of up to £1,000 available to help businesses develop their workforce.
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Council leader Anne Handley said: “This is a fantastic opportunity for local businesses to access government-funded support, to accelerate their growth. We’re proud to support our business community, and the East Riding’s economy, to create new opportunities and help secure a prosperous future for our area.”
Invest East Yorkshire’s business support services has helped more than 2,000 businesses in the area over the past two years. It offers s free and confidential advice to businesses of all sizes and sectors, including with funding opportunities, business planning, workforce development and exploring new markets.