“These grants are being delivered as part of our ongoing commitment to support economic development during difficult times,” said Cllr David Selby, Cabinet Member for a More Prosperous Powys, “as part of our wider aim of creating a stronger, fairer and greener Powys.
“We want to help businesses in the county, and those that want to move here, at all stages of development to start, sustain, grow and innovate, including through local networks.”
Each grant award will be based on 50 per cent of eligible project costs or a maximum of £5,000 per job created and/or £5,000 per job safeguarded, whichever is the lesser. (At least one new job must be created and/or one full time equivalent job safeguarded, to access the grant.)
Submit an expression of interest for a Powys Business Growth Grant now: https://formbuilder.evolutive.co.uk/formsite/form/1fb98514-ff18-445a-8c61-e8ea3bc8cf6a
The money can be used to help fund capital schemes and one-off revenue projects but cannot be used to cover usual running costs.
The support is aimed primarily at the following sectors:
- Advanced Materials and Manufacturing
- Construction
- Creative Industries
- Energy and Environment
- Finance and Professional Services
- Information, Technology and Telecoms
- Life Sciences
- Food and Drink
- Tourism
- Retail
- Care
Applications from other sectors, except for farming, fishing, forestry and statutory services, will be considered, based on their value to the local economy.
Ideally, the people being given jobs, or kept in existing jobs, will be paid the Real Living Wage: https://www.livingwage.org.uk/what-real-living-wage
Businesses taking part will also be asked to show their commitment to sustainable development and sign up to the Welsh Government’s Green Growth Pledge: https://businesswales.gov.wales/topics-and-guidance/sustainability-and-social-responsibility/green-growth-pledge
For more information visit the Powys County Council website: https://en.powys.gov.uk/article/14860/Powys-Business-Growth-Grant
Or email: regeneration(at)powys.gov.uk