Mansfield & Ashfield 2020 together we mean business

Business Grants for Ashfield and Mansfield Businesses

As a member of Mansfield 2020 you have access to a hub of business information, inter trading opportunities, Corporate Social Responsibility activities and now a funding hub that will distribute funding information and alerts so you know what is available for your business to help with business growth.

What is the Business Growth Grant Scheme?

What is the Business Growth Grant Scheme?

Mansfield District Council is committed to supporting local business development and growth. This scheme will provide grants for businesses with a viable business growth plan that will lead to job creation.

Am I eligible to apply for a grant?

· The grant is available to small and medium sized enterprises (SMEs)* located in Mansfield district area that either:

· Already have a ‘Strategic Business Growth Plan’ in place and require additional funding to take forward.

· Are at the very early planning stages in considering developments to grow the business with no formal plan in place.

In all cases growth plans will need to support the creation of at least two full time equivalent (FTE) jobs.

The council reserves the right to refuse applications in respect of certain types of businesses and where there are other reasons that mean support cannot be provided.

How much grant could I receive?

A grant of up to a maximum of £5,000 is available – being 50% of the total project cost.

Click here for full details and how to apply.

N2 Business Growth Programme – Key Criteria

The N2 Business Growth Programme will provide grant support to businesses in Nottingham and Nottinghamshire. It will address areas of growth opportunity:

• In key growth sectors, life sciences, digital content, clean technologies and advanced manufacturing

• In supporting new high growth businesses, such as spin-out companies and technology-led businesses

The programme is designed to help overcome barriers to growth of private enterprise and is primarily aimed at local SME’s who need funding of between £20,000 and £250,000. Click here for the key eligibility criteria and how to apply.

Ashfield and Mansfield Apprenticeship Grant for Employers (AGE)

Grants of up to £1,500 towards the cost of taking on an apprentice.

To be eligible for our grant your business needs to:

· qualify for the National Apprenticeship Service’s AGE

· be located in Ashfield or Mansfield District

· employ less than 250 staff.

The apprenticeship opportunity has to be:

· a newly created position and your company must not have recruited an apprentice in the previous 12 months

· for an apprentice who is between 19 and 24 and lives in one of the Districts

Click here for further information.

What is the Vacant Shops Grant Scheme?

Mansfield District Council has recently approved an ‘Economic Stimulus Fund’ and part of the fund will provide grants for businesses moving into vacant shops.

Am I eligible for a grant?

· The grant is available to independent retailers* taking occupation of a property which has been vacant for at least three months.

· Premises must be located in the Mansfield district and applicants will be required to demonstrate a need for funding to enable their project to proceed.

· As a consequence any items purchased or work undertaken before grant approval is awarded will not be eligible for funding. This scheme is available to both new and existing retail businesses**

How much grant could I receive? Click here

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