The NBV business grant supports the startup and growth or development of existing micro, small and medium-sized businesses based in Nottingham City, Broxtowe and parts of Gedling, Rushcliffe and Ashfield.

 If you can say YES to these: 

  • Ready to start trading/currently trading 
  • You sell business to business or business to customer (but not retail) 
  • Your business is based in Nottingham City, Broxtowe, and *parts of Gedling, Rushcliffe and Ashfield 
  • You’re a Small to Medium Enterprise (SME)

We could say YES to you! *Local authority ward specific check will be required.

 

What can the grant be used for?  

You could use the grant for equipment to help your business grow or diversify such as: 

  • Computer hardware/software 
  • Tools/machinery 
  • Office equipment

To aid your business to grow or diversify you could use consultancy services to help with: 

  • Marketing plan 
  • IT projects 
  • Sales strategy

How much funding is available?

Grants of between £1000 and £2500 are available. This is for a maximum of 25% of eligible costs. Thus, in order to access the business grant, the minimum project spend is £4000.

Match Funding:

You will be required to pay the supplier for the full cost of the project before claiming the grant element. It is, therefore, vital that funds are in place to cover these costs prior to submitting the application. 

No retrospective applications will be considered.

How do I apply?

Stage 1 of the application process is to complete an expression of interest and submit this to NBV. Basic eligibility checks will be carried out and, if successful at this stage, you will be asked to complete a full application. 

Full applications consist of an Application Form with supporting evidence in the form of 3 quotations for items required. NBV staff will support you in completion of the application and are on hand to answer questions throughout the application process.

Once submitted the application will be considered by the Grant Panel who will meet to discuss all applications and decide which businesses are supported according to the funds available. 

N.B. The Grant is financed by the European Regional Development Fund (ERDF) and is subject to European Funding regulations.

Click to find out more and complete an expression of interest.