Cllr Graham Godwin-Pearson and Jeff Savage are urging businesses in Cheddar Valley to apply for grant funding of up to £6,000 to aid with growth and development.
The Business Growth Support Programme is the latest initiative to launch as part of Somerset’s work funded by Community Renewal Funding from the UK Government and will support 30 local SMEs to boost the pace and scale of their development.
The initiative will prioritise businesses working in the Clean Growth, Aerospace, Digital, and Agri-Tech sectors, including their supply chains. Grants will be awarded to businesses to allow them to access specialist and expert business support service providers to meet their own specific needs and have a transformative impact on the business.
Applications should focus on initiatives that boost the pace and scale of development, transformation, innovation, decarbonisation, or employment growth.
The grant is one of five programmes being delivered through the Unlocking Somerset Prosperity initiative designed to support businesses and entrepreneurs across the county. Sedgemoor District Council and the other districts are working with Somerset County Council to support further economic recovery through this initiative.
Graham says, "Cheddar, Axbridge and Shipham are home to companies of all shapes and sizes and relevant local businesses should consider applying for these grants to help unlock their potential."
There is only a short window to apply for these grants, with the call for applications closing on 25 February.
Information on how to apply can be found here: Community Renewal Fund 2021 – 2022 (somerset.gov.uk) under the section on ‘Business Growth Support Programme’.