Kent and Medway Business Fund opening to new pre-applications

Kent and Medway Business Fund will be opening to new pre-applications

The Kent and Medway Business Fund (KMBF) will be opening to new pre-applications from the 1 September 2018.

KMBF is financed by recycled loan repayments from the former Regional Growth Fund schemes (Expansion East Kent, Tiger and Escalate) and aims to offer funding to businesses across Kent and Medway.

The scheme primarily offers 0% loans between £50,000 and £500,000 to small and medium sized businesses with the potential to create new jobs and growth within the Ashford, Canterbury, Dartford, Dover, Folkestone & Hythe, Gravesham, Maidstone, Medway, Sevenoaks, Swale, Thanet, Tonbridge & Malling and Tunbridge Wells local authority areas.

Loans can be used to develop new or expand existing products, services or processes, where these will lead to new jobs, deliver business growth and improve productivity.

Those interested in applying can currently register their interest in anticipation of the pre-applications opening in September:

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