The West Norfolk Employment Fund has been established to help young people in the West Norfolk area to set up or grow their own business with a grant of up to £10,000.
Grants can be used to meet start-up costs, assist with developing new products or services, to procure professional services to support and develop the business, to undertake training and skills development or the acquisition of capital equipment.
Norfolk Community Foundation is currently helping to deliver two grant schemes for local businesses wanting to grow and help to boost the local economy.
Norwich 4 New Enterprise (N4NE) grants programme is a scheme that has the support of a number of local organisations who make up the decision making panel including Aviva, Mills & Reeve, Norfolk County Council and Norwich City Council.
Up to £5,000 per grant is available for existing organisations based in Norwich, Broadland or South Norfolk, with at least 12 months trading accounts and employing up to 10 people. The panel would like to see evidence of 50% match funding and the grant must be used to support business growth, which will either create at least one new job or demonstrate that the business or social enterprise has growth potential within 12 months. The grant can be used to develop new products or services, procure professional services, undertake training and skills development, the acquisition of capital equipment, refurbishment of premises or the purchase of equipment or machinery.
Genix delivers independent face-to-face business advice, develops masterclasses and seminars and creates networking opportunities for companies in the Eastern Region. Our business advisers are professional, approachable and almost all of them currently run their own businesses. This means that they really understand the challenges that business owners face.