Calling Frome Businesses: Deadline for Mendip's business revitalisation grant is Monday
Commercial firms in Mendip are being urged to apply for grant funding to 'revitalise' their businesses before the October 11th deadline.
Those with promising project ideas, who employ between five and 49 staff, could get between £5K and £20K to help their organisations face the challenges and opportunities of the emerging economy, post COVID-19 and Brexit.
If successful, the Mendip District Council grant could cover up to 75% of the project's capital and/or revenue costs.
Projects that aid business resilience, boost profits, secure existing jobs and potential new employment opportunities will be looked upon favourably. As will those that provide clear, social or environmental benefits for the wider community – such as lowering carbon emissions, providing a new service for the local area or using Mendip-based suppliers.
To apply for funding, applicants must first complete an Expression of Interest Form and outline their project proposal.
Selected businesses will progress to stage two, where they'll be offered an exclusive 1-2-1 session with a business advisor to discuss the challenges and opportunities for the business and the project in more detail. Following the advice session, businesses will be in a strong position to complete and submit their grant application for consideration by a Mendip District Council awards panel.
For a step-by-step guide to completing the Expression of Interest form and final grant application, visit: mendip.gov.uk/revitalisegrant.
But hurry. There is a limited window to complete and submit applications for this funding. The discretionary Business Revitalisation Grant for Mendip first launched on 27th September, and it closes at 5pm on Monday 11th October.
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