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Business funding

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Finding the finance to develop your business is tough. We can help

Our Business Focus team can search on behalf of businesses and provide them with details of grants and loans that may be suitable for their circumstances.

For more information please contact us businessfocus@nwleicestershire.gov.uk


Enterprising Town Centres

North West Leicestershire District Council are proud to launch a new £250,000 grant funding programme to support businesses within the town centres of the district. 

Enterprising Town Centres will offer grants between £500 and £25,000 to SMEs based in the district to support local independant town centre businesses to invest, grow and create new local employment.

If you have a question regarding the above scheme, or if you just need more advice, please contact the Business Focus Team on 01530 454 609 or email: businessfocus@nwleicestershire.gov.uk


The Collaborate Project

The Collaborate project is a comprehensive business growth programme for Leicester and Leicestershire. If you’re looking to grow your business, then the ‘Collaborate’ project is here to help.

Collaborate is targeted at small and medium sized enterprises (SME’s) across Leicester and Leicestershire. Businesses can benefit from free, confidential and specialist advice and guidance, workshops, events and networks, and Collaborate Business Grants are also available to part fund capital investment.

Collaborate is being delivered by Leicester City Council, Leicestershire County Council, East Midlands Chamber and the Food and Drink Forum. The project is funded with support from the European Regional Development Fund (ERDF) and the partner organisations.

For more information please visit the Collaborate Project Funding page on the LLEP Business Gateway website.


Funding Circle

The UK’s leading online marketplace for business loans, Funding Circle, has set up the £1 million programme to help firms expand and grow.

Funding Circle have already lent more than £4m to businesses in Leicestershire.  It was launched after the Leicestershire business survey revealed 55% of small firms were using credit cards to raise funds. 

To be eligible, firms must have a minimum turnover of £100,000 and have been trading for at least two years. Businesses can borrow between £5,000 and £1 million and investors receive an average net return of 5.8 per cent.

For further details contact Funding Circle via their website using the link below -

https://support.fundingcircle.com/hc/en-us/requests/new

Smarter Travel for Business


Smarter Travel for Business Fund

Leicestershire County Council's £4 million ‘Smarter Travel for Business’ project supports local firms with new, or enhanced, transport infrastructure, transport advice and grants.

Could your company benefit?  

Visit the local sustainable transport fund website or contact the Travel Choice and Access Team on 0116 305 7178 or email choosehowyoumove@leics.gov.uk 


Agricultural Fund for Rural Development

A new grant fund has been launched by the Rural Payments Agency on behalf of Defra. This scheme aims to support jobs and growth in the rural economy and is funded by the European Agricultural Fund for Rural Development (EAFRD).

Micro and small businesses in rural areas across North West Leicestershire can apply for grants of between £35,000 and €200,000 (approx. £140,000) for projects including in the tourism and local food and drink sectors and/or supporting good quality rural workspace and farm diversification.

Further information and details of how to apply are available on the Leicestershire Rural Partnership website.

Other sources of help

HMRC provide information on all aspects of tax and VAT related issues for businesses

Leicester and Leicestershire Economic Partnership has a lot of useful information.

Other useful websites:

Citizens Advice Bureau

UK Trade and Investment

Federation of Small Businesses

Chamber of Commerce

Institute of Directors

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