Business support available to you

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Policy and Resources One-Off Grant

The Executive Member for Policy and Resources has responsibility across the whole range of County Council activities and is able through its grants budget to give financial help to organisations which, for a variety of reasons, may not qualify for assistance from other grants streams available. Preference will be given to applications for specific projects or activities rather than general running costs of organisations. These grants are not intended to replace shortfalls in service delivery budgets or replace funding for other support you may be able to obtain, or that you have obtained from us in the past. Applications are received throughout the year and formal Decision Days are typically scheduled on a monthly basis excluding August and November. As a general rule, maximum grants up to the value of £5,000 will be awarded.

Prepare Your Business

Give your business the very best chance of success by reading the checklists below. We explain what should be in place throughout the journey, so you can plan ahead. The British Business Bank checklists can help your business prepare for your equity investment journey.

Rural Communities Fund 2018-19

The Rural Communities Fund supports Parish Councils, groups and organisations in rural Hampshire and small market towns. The priorities of the scheme are to build community resilience and encourage self-help. Applications are welcome to support three specific themes as well as general projects or initiatives supporting the scheme priorities. Community-led flood alleviation, Countryside access, Rural retailers and community enterprises and Other (e.g. supporting vulnerable and older people; supporting innovative transport solutions to access services). We typically fund up to a maximum of £5,000, although larger grants are available to support applications for community-led flood alleviation schemes and retailer and community enterprise schemes (typically up to £10,000). Contact us to discuss your project ideas before making an application and we can advise if it will be eligible Email: ruralcommunitiesfund@hants.gov.uk

Social Enterprise Investment Fund II

The Big Issue Invest Social Enterprise Investment Fund II LP (SEIF II) is the successor to SEIF I, our first social impact investment fund launched in 2010, and now fully committed having invested over £8 million into 21 social enterprises. SEIF II supports ambitious social enterprises and charities with sustainable business models looking to grow and extend their social impact.  The Fund offers repayable finance of between £250,000 and £3 million for growth, working capital and capital expenditure purposes.

Solent Growth Fund- Small Business Programme

Expires 31 Mar 2019
The Solent Growth Fund, Small Business Programme is a competitive funding programme tailored to support the Solent SME base to grow quickly through delivering new processes / products / services, and / or developing new markets. Between £10,000 and £75,000 funding is being made available on a grant or loan basis at intervention rates ranging from:
  • 20% for established businesses seeking to grow quickly (high-growth);
  • 40% for start-up businesses with high-growth potential; and
  • 40% for businesses experiencing challenging trading conditions.
If you are seeking funding to grow your business then get in touch.

Solent Leadership Academy

The Solent Leadership Academy hold monthly boardroom sessions that bring together non-competing companies to focus on improving leadership skills. Offering you the chance to:
  • See the ROI of leadership development activity in your business
  • Inspire your team to increase performance
  • Learn from other non-competing companies what works and what doesn’t
  • Invest your development budget to increase the capability of your team
Aimed at Directors and Managers within tech led businesses, from various sectors, located in Hampshire, employing 3-50 people. Looking to scale, grow and/or optimise profitability. Typically turning over £300k to £2 Million.

Solent Prosperity Fund: Start Up Solent

If you are setting out on that journey with ambitions to run your own business, the Solent Local Enterprise Partnership (LEP) is here to help. We can help you access a comprehensive range of assistance, including grant aid, loans, investment support, networking and pointers to other dedicated sources of help. We want to hear from you if are a start-up with a business plan predicated on high growth and you are in search of advice and support on capital investment.

Spotcap Unsecured Business Loans

Spotcap provides loans to profitable businesses that have been operating for at least three years, with a minimum turnover of £500k. Most businesses use a Spotcap loan to bridge a cashflow gap, purchase stock or inventory, or to refurbish premises. Spotcap provides funding to businesses in all sectors, accept for construction, property and real estate.

Student Placement and Employability Centre

We are seeking placements in all sectors and industries, for students from the Faculty of Technology, which covers areas such as computing, maths, physics and engineering. Companies get free range to select their preferred candidates, and the student becomes a full time employee of the company on a fixed term contract. The Student Placement and Employability Centre in the Faculty of Technology can advise on procedures and how a student may fit in to, and provide benefit to, your organisation – including creating a graduate pipeline, the potential for ongoing succession planning, a point of contact with the University, cost effective short term resource and up to date, technical knowledge and innovative thinking. The team also provides free of charge advertising and recruitment administration services to help facilitate the process, to make recruiting a student stress free. For further details please contact Emily Parry, Placement and Employability Manager, at tech.placements@port.ac.uk.