If you are an SME in Derby or Derbyshire, are you aware of the support available for your business? Here we take a look at some of the options available.
Apprenticeship Grant
If considering employing an apprentice, employing a 16-18 year old makes you eligible for a £1,000.00 grant. Employing an apprentice allows you to train an employee from scratch and you pay the apprentice the apprenticeship wage for the first year of employment which currently stands at £3.90 per hour.
If considering employing an apprentice in Derby, we recommend contacting the 3AAA Academy.
https://www.3aaa.co.uk/employer/
NBV
NBV offer grants and startup loans to small businesses in the Derby
area. Grants can be used for IT equipment, Tools and machinery,
consultancy services, marketing services or IT services.
NBV grants are match funded, meaning that the small business will need
to put in some of its own funds to be eligible for grant funding.
https://nbv.co.uk/growing-a-business/grant-for-enterprise/
BigHouse/ Mainframe
BigHouse offers support to small and startup businesses in the
creative industries in Derby. From networking events and training to
funding and financial support, Bighouse specialise in working with
creative, artistic and digital businesses.
A number of grants are available including grants to hire freelancers or graduates through the elevator programme.
Mainframe runs at the Quad in Derby and runs a number of workshops and
networking events including the Digital Drop in on the first Friday of
the month.
https://bighouse.org.uk/
http://mainframederby.co.uk/
Digital Growth Club
The digital growth club offers small businesses access to high
quality and free or low cost training and workshops covering areas from
social media and SEO to web design and other digital growth support.
The digital growth club also offers grant and funding support.
https://www.ebusinessclub.biz/
Invest2Grow
For businesses looking to grow or invest in large projects, Derby
University run the Invest To Grow scheme which is loan and grant funded.
The minimum award is currently £15,000.00 with the minimum project cost being £50,000.00.
The programme is particularly aimed at sectors including creative, transport, engineering and logistics.
https://www.derby.ac.uk/business-services/funding-services-and-support/access-to-funding/
D2N2 Growth Hub
The D2N2 growth hub is the local Derby and Nottingham Local
Enterprise Partnership (LEP) which supports start up and growing
businesses through training, mentoring and grant funding.
https://www.d2n2growthhub.co.uk/
Internship funding
Derby University offer funding programs for small businesses to take
on interns during term time. Interns must be paid the minimum wage and
can last upto 5 months.
A £500.00 grant is currently available to contribute towards the cost of employing an intern.
https://www.derby.ac.uk/business-services/recruiting-the-best-talent/access-our-talent/internships/derby-internship-programme-funded-internships/
Ascentant Accountancy are Accountants and Business Consultants with offices in Derby, Nottingham and London. Contact info@ascentant.co.uk or 01332 897356 further information on small business support in the Derby area.
