News

Back to news list

Business Finance and Funding for 2016

14th January 2016, 10:01
finance Icon
Business Finance and Funding for 2016

At The Growth Hub, we have seen that access to finance and funding is one of the most common challenges to the growing business. There are lots of options available, but which one is most accessible and holds the most benefits for your industry? The following list contains some of the options that we recommend to our clients. For a more detailed conversation about how we can help you find the right funding for your business, call us to arrange a meeting.

The Growth Hub SEED Fund

The SEED Programme, funded by RGF, is The Growth Hub’s new answer to growing SME businesses in the county. It includes £2.3m of match-funding available to businesses whose projects will create or safeguard jobs in Gloucestershire: http://www.thegrowthhub.biz/seed

Better Business Finance

Impartial information and support to businesses and entrepreneurs looking to develop and grow: www.betterbusinessfinance.co.uk/?finance-finder

British Business Bank

BBB has created The Business Finance Guide: A journey from start up to growth: http://british-business-bank.co.uk/bfg/

Crowdfunding

A new and emerging way of funding new ideas or projects by borrowing funding from the crowds: www.crowdfunder.co.uk / www.kickstarter.co.uk

Fredericks Foundation

A charity that provides a comprehensive range of business support and microloan funding for start-ups and small businesses: www.fredericksfoundation.org

Funding Circle

An online marketplace to help businesses find low cost loans quickly and investors get better returns: www.fundingcircle.com

Gloucester City Council

The city council has a number of business grant schemes under the banner of Gloucester Supports Businesswww.gloucester.gov.uk/business/finance-funding-and-grants/Pages/Business-Grants.aspx

Gloucestershire County Council Funding Bulletin

The county council has produces a regular bulletin listing some of the UK external funding opportunities: www.gloucestershire.gov.uk/funding

Gov.uk

Gov.uk can help you work out what type of finance is best for your business, taking into account your size, turnover, shares and the amount of funding you need using this simple easy to follow online guide: www.gov.uk/business-finance-support-finder/search

Innovate UK

This organisation funds, supports and connects innovative businesses to accelerate sustainable economic growth: www.gov.uk/government/organisations/innovate-uk

Money Saving Expert

A guide to business bank accounts and finance via the traditional banking route: www.moneysavingexpert.com/banking/small-business

Royal Agricultural University

RAU received a Rural Training Grant to support the delivery of vocational short courses: www.rau.ac.uk/business-services/networking-events/funds-for-training

Shell LiveWire

The UK’s biggest online community for young entrepreneurs awards 4x £1000 ‘Grand Idea Awards’ every month: www.shell-livewire.org

South West Investment Group Services

A non-profit making organisation investing in businesses throughout the South West of England through grants and soft loans: www.swigfinance.co.uk

Start Up Loan

A government scheme offering loans to young entrepreneurs to help them start up successful businesses. Applicants can borrow up to £10,000: www.startuploans.co.uk

Virgin Start Up

The not-for-profit Virgin company for entrepreneurs: www.virginstartup.org

For a more detailed conversation about how we can help you find the right funding for your business, call us to arrange a meeting.

You might also be interested in