The Small Business Boost economic growth fund covers the Ashford, Canterbury, Dover, Shepway and Thanet areas. It is funded by the Government’s Regional Growth Fund scheme and managed by Kent County Council working in partnership other public and private sector partners. The scheme is part of the Expansion East Kent initiative.
The Small Business Boost scheme offers 0% interest loans between £2,000 and £50,000 to help start-ups, small businesses and social enterprises in the eligible areas, who are seeking to develop new or expand existing products or services, where these will lead to sustained employment.
You can apply for investment support from Small Business Boost if you meet the following criteria:
New business: Have you been in existence for less than 6 years?
Type: Are you a sole trader, partnership, limited company or a not-for-profit business located or seeking to locate in Ashford, Canterbury, Dover, Shepway or Thanet ?
Amount: Are you seeking a loan between £2,000 and £50,000?
Size: Do you currently have fewer than 50 employees?
Location: Are you seeking to provide employment – either by creating or safeguarding jobs in Ashford, Canterbury, Dover, Shepway or Thanet?
Dividends: Your business has not yet paid out a dividend.
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