Around £1.5 million Government funding for businesses in East Sussex, is still available until January 2015.
East Sussex County Council was awarded £4 million as part of the Government’s Regional Growth Fund, to help create and safeguard jobs. Managed through the East Sussex Invest programme, £2.5million worth of grants and loans has so far been distributed.
Grants for businesses
There are grants for small and medium sized enterprises from £3,000 up to £160,000 available and loans of up to £250,000, depending on the level of job creation or safeguarding. The funding must be for capital; equipment, building works, vehicles, marketing drives, software and a range of other one off costs. A minimum of 50 per cent match funding is required.