west-of-england-growth-fundThe West of England Growth Fund has just opened its third round of funding, meaning you can now make applications for up to £80,000 for activities that will lead to business growth or job creation in the West of England area.

The closing date for applications is 5pm on Monday 8 September 2014.

Here is a summary of the rules for the funding:

  • Applications can be made for between £10,000 and £80,000
  • Applications must be for new and additional activity, or a combination of activities, that will enable companies to grow and employ new staff
  • Applications can only be accepted from small and medium sized enterprises
  • Grant funding will be released in arrears of expenditure and at a fixed rate of 20% of eligible expenditure incurred
  • No funding can be released for any expenditure incurred after 31 March 2015
  • Funding is made available under the European Commission De Minimis Regulation and is allocated as notified State Aid for economic activities

Applications should be made in electronic format via growthfundapps@westofengland.org, or for further information you can contact the team on 0117 903 6207 or 0117 903 6866.