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Growing Places (Staffordshire)

Businesses may qualify for loans if they are planning a scheme worth £100,000 or more and can repay the money within two years of their project being completed. They will not be charged any interest on the loan as long as the scheme complies with state aid rules. In other cases interest will be charged at the lowest commercially appropriate level.

The scheme is designed to help to speed up businesses' expansion plans and support jobs.

The Growing Places fund is currently fully committed.  As a revolving fund, once the loans are re-paid they become reallocated, so please do check back regularly for details of the next call for bids.

While there is no active open round at the moment, enquiries can still be sent to Sarah Simpson (Manager) on 01785 277706