£3.7m fund for Solent businesses
A £3.7m fund to help businesses in the Solent opened in June, giving SMEs in the region access to money to help them create jobs and grow.
The Solent LEP (Local Enterprise Partnership), in partnership with Portsmouth City Council, launched the Solent Advanced Manufacturing SME Fund in June 2014. The funding pot, previously known as the Solent Futures Fund, was originally only open to businesses directly within the supply chain of Portsmouth Naval Base.
Recently the fund has been extended to any SMEs in the Solent maritime, defence, aerospace, advanced manufacturing and general services support for the defence and advanced manufacturing cluster supply chains. The limit available for individual companies has also been raised from £300,000 to a maximum of £500,000.
More information and booking forms can be found at the following link:
http://solentlep.org.uk/growing_places/37m_fund_for_solent_businesses_opens_today
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