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Grants for small and medium sized businesses in North West Leicestershire.

Enterprising North West Leicestershire business grants

In June 2019, North West Leicestershire District Council launched a new round of grant funding to support the growth of small and medium sized businesses across the District and within our towns and local centres.

In 2015 and 2017, North West Leicestershire District Council delivered programmes of grant funding to help support small and medium sized businesses in North West Leicestershire to grow and create more jobs.  Due to the overwhelming success of the Enterprising grant fund, the Council have relaunched a new £250,000 round of Enterprising North West Leicestershire funding.

Funding will be available through two funds from June 2019 until March 2020.

Fund 1 - Enterprising North West Leicestershire

Grants between £1,000 and £25,000 will be available to small and medium sized businesses from across the District that are planning to invest in projects that will allow the business to grow and create new jobs for local people.

- Enterprising North West Leicestershire Small Grants: £1,000 - £5,000

For project costs between £2,000 and £10,000, eligible businesses can apply for business grants between £1,000 - £5,000 (50% of the project cost). The grant would require the applicant to provide a minimum 50% match funding and to create new local jobs at a pro rata of one full time equivalent per £10,000 paid by NWLDC.

 For example, a £5,000 grant will require 0.5 full time equivalent of new employment (2.5 days a week).

 - Enterprising North West Leicestershire Large Grants: £5,001 - £25,000

For project costs between £10,001 and £75,000, eligible businesses can apply for business grants from between £5,001 - £25,000 (33% of the project cost). The grant requires the applicant to provide 66% match funding and to create new local jobs at a pro rata rate of one full time equivalent per £10,000 paid by NWLDC.

 For example, a £20,000 grant will require two full time equivalents of new employment (10 days per week).

Applicants have to employ less than 250 and be based in North West Leicestershire. Businesses applying for a grant will be required to demonstrate have their planned investment will support your business to grow and help create new local jobs.

Fund 2 - Enterprising High Streets start up grants.

Enterprising High Streets is a new grant programme created by North West Leicestershire District Council to support new retail and leisure businesses to open new premises in our market towns and local centres.

The aim of the programme is to encourage new businesses to occupy vacant properties and to enhance the unique character and identity of our towns and local centres.

It is hoped that the grants will help stimulate increased spend, footfall and occupancy and enhance the offer within our towns and local centres.

Enterprising High Streets offer one off grants of £500 to new small independent businesses taking on vacant premises within the boundaries of either Ashby-de-la-Zouch, Castle Donington, Coalville, Ibstock, Kegworth or Measham.

To view the town centre boundaries, please click on the relevant town map –

Ashby town centre boundary map (PDF Document, 0.35 Mb)

Castle Donington town centre boundary map (PDF Document, 0.31 Mb)

Coalville town centre boundary map (PDF Document, 0.44 Mb)

Ibstock town centre boundary map (PDF Document, 0.25 Mb)

Kegworth town centre boundary map (PDF Document, 0.52 Mb)

Measham town centre boundary map (PDF Document, 0.17 Mb)

Eligibility and guidance notes

If you would like to know more about either the Enterprising North West Leicestershire or Enterprising High Streets grants scheme or to see if you are eligible to apply, please see the following documents.

Enterprising NWL Phase 3 Eligability Criteria (PDF Document, 0.32 Mb)

Enterprising NWL Phase 3 - Guidance Notes (PDF Document, 0.4 Mb)

Applications

If you are interested in applying for an Enterprising North West Leicestershire grant, you will first need to complete and submit an Expression of Interest form.  

If you experience technical difficulties with either application form please check to ensure you have the latest free version of Adobe Reader installed and that the extension reader is on.

Once we receive your Expression of Interest, we will check it with the eligibility criteria and may then invite you to submit a Full Application. 

Enterprising NWL Phase 3 - Expression of Interest form (PDF Document, 0.1 Mb)

If you are interested in applying for an Enterprising High Streets grant you will only need to complete one application form.

Enterprising NWL Phase 3 - High Street grant application (PDF Document, 0.13 Mb)

Please note that all applications will be on a ‘first come first serve’ basis.

Queries

If you’ve read the Eligibility Criteria and Guidance Notes but still have questions on either of the grant schemes, please contact our Business Focus team on businessfocus@nwleicestershire.gov.uk or 01530 454609.

Grant Application Workshops

We are running a series of workshops to provide help and guidance on the completion of a grant application form. If you would like to book a place on a workshop please email :

katherine.bate@nwleicestershire.gov.uk

Dates for the workshops are : Thursday 18th July 7.30am - 8.30am at the Council offices, Whitwick Road, Coalville LE67 3FJ

Thursday 15th August 5pm - 6pm at the Council offices, Whitwick Road, Coalville LE67 3FJ

Previous grant recipients

Following the success of previous Enterprising North West Leicestershire programme, we spoke to successful applicants about the difference the grant scheme has made to their business. 

In the video below, Charles Blyth & Co talk about their grant (see 'related information' on this page for more videos).

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