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Finding the right finance

The number of financial support options available to businesses in New Forest District can be seen as a positive, but also can lead to confusion. In addition, with the time that funding applications take and that many public finance initiatives cannot be applied for at the same time, choosing the right option is vital.

The below table lists a select few places businesses can apply for funding, and indicates the source, if its is a grant or loan, and who the funds are available to.

 

Source

RepaymentAvailability

Public

PrivateGrantLoanNew Start-upsExisting
EM3 LEP

EM3 Wood Processing Grant Programme

 

 

EM3 Funding Escalator

  

 

Solent LEP

Solent Innovation Fund

 

 

Solent Growth Fund: Capital Investment Fund

 

Solent Growth Fund: Small Business Programme

 

 

Bridging the Gap: Armed Forces Fund

 

 

Marine & Maritime SME Fund

 

 

New Forest LEADER

 

 

Start-up Loans Company

  

 

Countryside Productivity Scheme

 

 

New Enterprise Allowance

 

 

 

HCC Rural Communities Fund

 

 

Innovate UK

 

 

UK Export Finance

 

 

Newable

 

 

 

UK Business Angels Association

 

 

 

Funding Circle

 

 

 

With a clearer picture of what finances are most suitable to you greater detail can be found for each under LEP funding, grant funding, and loan funding (see left of page).

A more comprehensive list of available funds to UK businesses can be found at Better Business Finance

Updated: 27 Sep 2017
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