East Lancashire Chamber of Commerce and delivery partners Regenerate Pennine Lancashire and North & Western Lancashire Chamber of Commerce have competitively secured £8 million from Round 6 of the Regional Growth Fund to stimulate enterprise across the County by providing grants and International Trade support to manufacturing businesses with the potential for economic growth.
Up to 20% funding of the total project costs is available from the Lancashire Business Growth Fund with a minimum grant of £10,000.
Eligible costs are:
International Trade Support to grow your business
Lancashire Business Growth Fund | East Lancashire Chamber of Commerce
The Chamber can offer:
How much is available?
Grant Assistance: Funding may be allocated up to 20% of the total project cost, subject to state aid regulations and an analysis of the funding requirement. An example project may involve a £50,000 total investment of which £10,000 is made available from Lancashire Business Growth Fund.
Recent beneficiaries of LBGF Grant Assistance includes:
International Trade Support: Up to 50% funding may be allocated to help businesses develop their international trade business. An example project may be to design and deliver a bespoke one day in-house programme on export sales which will attract 50% funding from Lancashire Business Growth Fund.
What is the Process?
Grant Assistance journey – companies are invited to complete an online Expression of Interest and those who meet the eligibility will then be supported by a dedicated Project Officer to develop a full application for panel assessment. Applications are reviewed by an independent panel comprising of both private and public sector representatives.
When the funding is approved by the panel, the East Lancashire Chamber of Commerce will issue the offer letter which will incorporate the full terms and conditions – expenditure, time-scales, evidence, monitoring and record-keeping.
International Trade Support journey – we encourage businesses to contact the East Lancashire Chamber of Commerce to discuss their export and import ambitions and requirements. A review will be carried out and tailored support will be provided by an experienced International Business Advisor. See contact details below
Lancashire Business Growth Fund – Grant Assistance & International Trade Support Offer
Note: LBG grant funding cannot support any form of displacement activity, whereby the proposed benefits of the project offset reductions in output or employment from within the local market
The following criteria will strengthen the chances of companies securing a grant:
Further information about the programme can be found in the Apply and Frequently Asked Questions sections. To have an initial discussion about proposed projects please give us a call on freephone 0800 612 2029 or email firstname.lastname@example.org
The Lancashire Business Growth Fund is a competitive process. All grants awarded by the East Lancashire Chamber of Commerce as the accountable body for the Fund are discretionary. The decisions of the East Lancashire Chamber of Commerce, delivery partners Regenerate Pennine Lancashire, North and Western Lancashire Chamber of Commerce, and those of the independent and business-led grants panel are final.
Every endeavour will be made by the accountable body and its partners to operate transparently and fairly, and to satisfactorily resolve any disputes. If however you remain unsatisfied with the information you have received at any stage of the process (i.e. following submission of an Expression of Interest, completion of the Full Application etc.) then contact can be made by writing to The Programme Manager, East Lancashire Chamber of Commerce, Red Rose Court, Clayton Business Park, Clayton-le-Moors, BB5 5JR or email email@example.com