Be it a startup business, an established business or a business seeking to exit a market, additional funding may be required to support the next stage in the business’s plans.
Many businesses will look to the ‘Big Banks’ for a source of funding, often overlooking other sources of funding including government businesses grants and crowd funding.
ICON works with business owners in explaining the different types of funding available and work for the businesses in preparing the relevant documentation, providing support in their approach to the relevant funders. There are many grants available across the UK ad can be secured for Capital Equipment Purchase, Marketing, Expansion of Premises, Premise Refurbishment, Energy Efficiency
Largely, funds do not need to be refunded and are interest free. Grants are often mistakenly quoted as ‘free’ money. The reality however is that grants have conditions.
Many of the grant funding sources there may be limitations to the type or sectors that are eligible with many grant funds requiring job creation as a key deliverable.
ICON has supported businesses with signposting and securing funding from the following:
- Black Country Transformational Gold
- Coventry and Warwick shire Investment Grant
- The Funding Circle
- Greater Birmingham and Solihull LEP
- Marches LEP
- The National Lottery
- Staffordshire Business Funding
- StartUp Loans Company
- StartUp Direct
- Stoke On Trent and Staffs LEP
- Warwickshire County Council Growth Fund