Launch of the Solent LEP Marine and Maritime Growth Fund
A new fund for companies in the Marine and Maritime sector located within the Solent LEP area and the New Forest District Council area has been launched.
The fund has been created in partnership with British Marine to support SMEs and start ups that require capital investment to either grow or launch their business. Additionally the fund can help to protect jobs which are under threat.
Grants between £5,000 to £75,000 are available, allowing established SMEs to access up to 20% of a total project cost and new start-up businesses to access up to 40% of total project costs.
The new partnership and fund builds on the strength of the LEP's former Bridging the Gap programme, which has committed over £4.9 million in support to businesses and supported at least 45 brand new start-up SMEs, and British Marine's expertise in delivering a broad range of marine business support services.
The details of the new fund can be accessed at the following link:
http://solentlep.org.uk/growing_places/marine__maritime_sme_growth_fund
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