Your may be eligible for an East Lothian Business grant
East Lothian Council have a number of business grants to support local economies and rebuild consumer confidence following the impact of the COVID-19 pandemic. An overview of each of the grants along with links to more detail and how to apply can be found below.
Business Implementation Grant
To be eligible for this grant your business must be located in or be in the process of relocating to the East Lothian Council area. The maximum grant provided will be £5,000 per company and all grants are discretionary.
Examples of expenditure that may be eligible for this grant include:
- new machinery or equipment
- upgrade or refurbishment of facilities
- IT software or systems
- marketing initiatives
You need to provide one year’s accounts along with your last three month’s bank statements. You will also be expected to provide an up to date business plan. If you are not able to provide a business plan but can provide one year’s accounts, a full project description with associated cash flow/costs along with a company background may be acceptable.
Applications will be considered on a first come first served basis. All funds must be claimed by 31st March 2023. You can find out more details on eligibility and how to apply here on the East Lothian Council’s website.
Business Growth and Sustainability Grant
The aim of this grant is to encourage employment and business growth. There is a minimum grant of £5,000 and maximum grant of £20,000 per company. Again all grants are discretionary and require to be 25% match funded by your business.
Examples of expenditure that may be eligible for this grant include:
- new machinery or equipment
- upgrade or refurbishment of facilities
- premises expansion or relocation
- IT software or systems
- professional services related to the project
You will be asked for two year’s accounts along with your last three month’s bank statements. You will also be expected to provide an up to date business plan. If you are not able to provide a business plan but can provide two year’s accounts, a full project description with associated cash flow/costs along with a company background may be acceptable.
Applications will be considered on a first come first served basis and all claims must be paid by 31st March 2023. You can find out more details on eligibility and how to apply here on the East Lothian Council’s website.
New Business Support Grant
The aim of this grant is to provide financial support to purchase equipment, goods or services that provides a boost to new start-up businesses and newly incorporated companies in East Lothian. The maximum grant provided would be of £1,000. although grants of .
Examples of expenditure that may be eligible for this grant include:
- new machinery or equipment
- upgrade or refurbishment of facilities
- IT software or systems
- marketing initiatives
All funds must be claimed by 31st March 2023. You can find out more details on eligibility and how to apply here on the East Lothian Council’s website.
If you require any guidance to help provide accounts information or business plans please get in touch. We would be happy to help.
