Financial Support

Find out about grants and other alternative funding options available via Harborough District Council, Central government and via our business support partners across Leicestershire and nationally.

Business Start- Up Grants

Thinking about starting or have recently set up your own business? Find out below about some of the funding support available for start-ups across Leicestershire.

NBV – Grant for New Business

If the answer to the following is YES:

  • Ready to start trading
  • You sell business to business or business to consumer (service only NOT retail)
  • Your business is based in Derbyshire, Leicestershire, Lincolnshire or Nottinghamshire
  • Your business is registered with Companies House or HMRC

You may be eligible for the NBV grant for new businesses

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Exploring Enterprise

This fully funded support aims to encourage young entrepreneurs between 18 – 30 yrs. to turn their ideas into reality through the Prince’s Trust. As well as funding for market testing and low interest start up loans, the program also includes workshops and one-to-one support.

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Growth funding for Businesses

If you have an established business and are looking to invest in a new project, upscale with some new technologies, expand into a new premises or even make some environmentally concsious investments, there might be funding available to you through the following schemes

The Midlands Investment

The Midlands Investment, supported by the European Regional Development Fund, provides commercially focussed finance through Small Business Loans, Debt Finance, Proof of concept and Equity Finance funds. The Midlands Engine Investment Fund (MEIF) aims to transform the finance landscape for smaller businesses in the Midlands and to realise the region’s potential to achieve economic growth through enterprise. MEIF is a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs) in the West Midlands and East and South Midlands.

MEIF provides over £250m of investment to boost small and medium business (SME) growth in the Midlands.

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Growth Grant* – Business Gateway Growth Hub

*Currently accepting expressions of interest. Current round of funding has been allocated. Those who submit their expression of interest will be contacted as soon as more funds are confirmed.

This business growth grant has been created to support the growth and development of existing small and medium-sized businesses.

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NBV Grant for Enterprise

Grant for Enterprise supports the growth or development of existing micro, small and medium-sized businesses. Funding can be used to purchase equipment to help your business expand or diversify or to invest in consultancy services such as IT projects or sales strategy planning.

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Digital Upscaler – Digital Growth Programme

If you’re a high growth business looking to invest in technologies, the Digital Upscaler project could help you.

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Green BELLE – grants for sustainable, environmental developments

Green BELLE gives grants of up to £10,000 to support SMEs in Leicester and Leicestershire to install low carbon measures and increase their energy efficiency

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SHIRE Environment Grant

This grant, run by Leicestershire County Council, is designed to support innovative projects that minimize household waste, reduce carbon emissions and improve biodiversity

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Covid Recovery Grants

Find out about the different financial support options available to support you through the pandemic and the recovery period.

Re-start Grant Scheme

This application process is now open. Please note you need to make a new application for these grants, even if you have had Covid related grants previously. The Restart Grant scheme is for businesses which pay, or are liable for Business Rates only and is a one-off payment.

The grant will be paid to the ratepayer who according to our records was responsible for the business rates on 1 April 2021.

Only businesses that were trading (engaged in business activity) on 1 April 2021 will qualify

Please ensure you select the appropriate Restart Grant relevant to your business:

  • Restart Grant One – are for non-essential retail businesses and
  • Restart Grant Two – are for businesses providing hospitality, leisure, accommodation, gym and sports, personal care.
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Tier 4 Grant Funding 31 December to 4 January 2021

Grant applications are now open for businesses that were required to close due to tier 4 restrictions (31 December to 4 January). This is for business who are registered for business rates.

Harborough District was in Tier 4 from Thursday 31 December 2020 to 4 January 2021. All businesses who qualified for the Local Restrictions Support Grant for the November national restrictions will be contacted and asked to confirm they wish to apply for the new grant using the information they have previously provided in order to help to speed up the processing of your  application. You will be required to sign a declaration confirming that the circumstances of the business remain the same.

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National Lockdown Grant Funding from 5 January & the Closed Lockdown Payment – Business Support Package

National Lockdown Grant payments to cover a 6-week period from 5 January 2021.

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LATEST CORONAVIRUS FUNDING SUPPORT FROM HDC