Nottingham City Council is committed to supporting Bulwell’s business community. We are targeting a portion of our Levelling Up funds to support businesses in Bulwell and Bulwell Forest wards through a business support grant programme.
Grants can make a huge difference to your business. They can help you push your business further, enable you to make game-changing investments you couldn’t manage alone, and at Nottingham City Council they come with expert support every step of the way.
We have established three capital grant schemes to support and sustain existing businesses in Bulwell.
We have grants available to support business growth, improve shop fronts and vacant premises and reduce carbon emissions/energy costs.
General Eligibility
To qualify for grant support applicant businesses must:
- Have business premises in Bulwell or Bulwell Forest wards
- Have been trading for a minimum of 12 months
- Not be a home-based business
- Be able to contribute to project costs (50% for business growth and 25% for shop front improvement and carbon reduction)
- Be able to show that the project is financially viable and that grant support is needed to make it happen
- Have received less than £315,000 of state aid/subsidy (minus the grant amount applied for) over the current and previous two fiscal years
- Have a UK based bank account in the name of the business
Available Grants
The Business Growth and Productivity Grant aims to support Bulwell’s businesses to deliver growth and improve productivity. It will support businesses to contribute to local economic growth through new investment, supporting the expansion and diversification of existing businesses located in Bulwell.
The grant will support businesses to grow and improve their productivity through the provision of capital grants.
The project will provide up to 50% grant funding for investments. The maximum amount of grant that can be awarded is £5,000. The balance of the investment must be provided by the applicant.
Priority will be given to those applicants that can best demonstrate how the grant will have a positive impact on business growth, productivity and the creation of new employment in Bulwell.
The grant operates over two stages – an expression of interest followed by a full application. Support is available through the Nottingham City Growth Hub Team to help applicants develop their projects and complete and submit applications to the grant.
The scheme will remain open to applications until all funding has been committed.
The Bulwell Shop Front Improvement and Vacant Premises Grant provides a source of funding to independent businesses and property owners in Bulwell to improve their shop front or to bring vacant premises back into use.
The objective of the grant scheme is to support traders and the local Bulwell economy as well as improving the retail environment for shoppers, residents and visitors.
The grant aims to:
- Improve the appearance of shop fronts and high streets to increase trade and footfall
- Reduce the number of vacant shop units by assisting tenants and property owners to improve the function and appearance of empty shops in order to bring them back into commercial use.
The grant provides a maximum of 75% towards the total cost of the project in the form of grant up to a maximum of £5,000.
The Bulwell Business Decarbonisation Grant provides a source of funding for businesses in Bulwell to reduce their energy related costs and carbon emissions. This will allow businesses to:
- Reduce their operating costs
- Become more competitive, resilient and productive
- Potentially safeguard and create jobs through improved profitability and reinvestment of savings
- Become a more environmentally friendly business by reducing carbon emissions
The grant will support businesses to invest in carbon reduction technologies, products and services that will directly reduce their energy consumption, by offering a financial incentive to support and promote their investments. This grant scheme is designed to allow businesses to invest in the short term for their longer-term sustainability and support the City of Nottingham and the UK government to achieve Net Zero targets.
The maximum grant is £5,000 and the minimum grant is £500. The grant will support up to 75% of the costs of installing carbon reduction measures, the remaining funds being provided by the applicant business.
Typical projects could be:
- Installation of LED lighting
- Installation of energy efficient heating and cooling systems
- Installation of insulation
- Installation of solar panels
- Replacement of inefficient boilers
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