Derbyshire County Council invests £1m in small businesses

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Nearly £1million is being invested countywide to help small businesses flourish.

Derbyshire County Council is investing £947,000 as part of a £18.9m funding pot to help firms develop, create jobs and grow.

The council is working alongside several other organisations to provide help and support ranging from grants to help small businesses start-up and funding for established firms to buy new equipment to face-to-face advice for businesses spelling out other types of funding they could be eligible for and how to apply.

Projects include -

n D2 Business Starter Programme

n D2 Enterprise Growth Fund

n D2N2 Growth Hub

n D2N2 Digital Business Growth Programme

The scheme is being funded by the council, which is contributing £41,000, together with Nottinghamshire County Council, Nottingham City Council, Derby City Council, Rushcliffe Borough Council, Nottingham’s Creative Quarter Company, East Midlands Chamber and the European Regional Development Fund.

A further £1.1m ‘Invest in D2N2’ project has been launched with £90,000 from the council to attract businesses and promote the county as a place to invest.

Council leader Anne Western said: “Building a strong Derbyshire economy is one of our top priorities and small businesses play a key role in making our economy tick.

“We know times are tough for small businesses and they may be nervous about taking that next step to expand and grow. That’s why we’re working with partner organisations to provide the necessary support and funding to give local businesses a leg-up and set them off on the road to creating more jobs across the county.”

For more, visit www.d2n2growthhub.co.uk