St Helens Chamber is looking to launch the Liverpool City Region Capital Grant Fund which is aimed at small and medium sized businesses operating in B2B sectors with high growth potential that are looking to invest in their future plans for expansion through the purchase of plant and equipment or other fixed assets.
Over the past year, many businesses have had to pause plans for investment and expansion due to the impact of the pandemic – by working together we want to help you get things back on track and plan for the future.
The new Capital Grant Fund is part of the European Regional Development Fund and is open to SMEs based in the Liverpool City Region that are looking to develop their business with capital investments, including but not limited to:
- Low carbon technology adoption
- Reaching new markets
- Have high growth plans to develop your business through the purchase of plant and equipment or other fixed assets
- Aimed at established businesses with projects of £50,000 and above
- Grants from minimum £10,000 to maximum £75,000 will be available, providing a maximum 20% towards the cost of business investment
- Grants cannot pay for day-to-day running costs, staff wages, servicing debt or towards cash flow
Types of businesses we cannot support:
The fund is open to a wide range of businesses but those operating in the following sectors are not eligible to apply:
- Hospitality and leisure
- Social enterprises
- Fisheries sector
- Automotive production
- Banks and insurance
- Establishments providing school age education
- Fleet purchases in the road transport sector
What happens when you apply:
Once you have submitted your expression of interest via our online form, you will receive an acknowledgement by e-mail within 48 hours confirming your eligibility.
We will assess all forms for eligibility on a case by case basis.
Once the Liverpool City Region Capital Grant Fund is launched, eligible businesses will receive an application pack by email.
To register your interest in the new Liverpool City Region Capital Grant Fund please click here.
For more information contact Mick Gallagher, Grant Fund Investment Adviser, on 07833 309536 or email email@example.com
TuffX Processed Glass Ltd was a beneficiary of a previous grant fund delivered by St Helens Chamber, John Tierney, Director of TuffX Processed Glass Ltd said:
“TuffX received a capital grant to support growth plans at our factory in Knowsley back in 2015 which helped us immensely.
The grant fund was delivered by St Helens Chamber and once we had confirmed that we met the eligibility criteria, we found that the application process was very straight forward. With some help from Knowsley Chamber, we submitted our application on 5 October 2014.
The project was completed on schedule over the winter and we subsequently created 34 new jobs as a direct result of the investment. Through the hard work of our TuffX team, business growth has been spectacular - we have seen sales increase by almost 160% over the last 5 years and we now employ over 200 staff!”