Finance and Grant Funding
North Devon Coast AONB Small Grant Scheme
Community groups, businesses and farmers can apply to the North Devon Coast Areas of Outstanding Natural Beauty’s (AONB) small grant scheme, otherwise known as the Sustainable Development Fund.
Applications are encouraged from those carrying out projects that bring an environmental, economic, social or educational benefit to the AONB.
Grants can cover up to 75% of the project cost, and range in size from £100 up to £4,000 for an exceptional project. Applications are open until December 2021. Check out the AONB Management Plan for the full list of policies and priorities.
The Environmental Futures and Big Data Impact Lab
The Impact Lab provides deep technical assistance to Devon SMEs that have a big data and/or environmental future opportunity to address in order to grow to the next level. This is achieved through a substantial package of fully funded support which will be tailored to the need of your business and project.
Prince’s Trust Enterprise Programme
The Prince’s Trust work with 18 to 30-year-olds to turn big ideas into a business reality through their Enterprise programme. From training and mentoring support to funding and resources, they’re with you every step of the way.
Start Up Loans - Small Business
A government funded scheme to provide advice, loans of up to £25,000 and mentoring to startup businesses.
Help to Grow: Management
Take your business to the next level with the government’s new Help to Grow programme. The programme will help small and medium sized businesses across the UK learn new skills, reach new customers and boost profits.
– Charities are not eligible.
Pay As You Grow
New Pay As You Grow facility will enable more flexible repayments on Bounce Back Loans for UK smaller businesses. The British Business Bank, the UK’s economic development bank, has announced further details of Pay As You Grow, which helps UK smaller businesses that have taken out a Covid-19 emergency Bounce Back Loan to manage their cashflow and have a better chance of getting back to growth.
FCA Business Interruption Policy Checker and FAQ
Following the Supreme Court test case on a range of business Interruption insurance policies, the FCA has produced a Policy Checker which takes businesses through a process whereby they can check to see whether their insurance policy covers business interruption losses due to coronavirus. It should be noted that each claim will still need to be individually considered to determine whether the policy provides cover for the effects of coronavirus. Policyholders will need to check:
– What they can claim for.
Support Finder Tool
The Government has launched a support finder tool which can be useful for businesses directing employees to individual support which may be available from government on paying rent, mortgage, financial support, self-isolating, mental health and wellbeing or more general concerns about Covid.