Date Published: 31-07-2015

Businesses in Norfolk and Suffolk could benefit from grants of up to £500,000 to fund growth and new projects. The New Anglia Local Enterprise Partnership is looking for local businesses seeking to expand and who could benefit from additional funds.

The fund is split into two initiatives, a Small Grant Scheme (for grants between £5,000 and £25,000) and a larger scheme for higher amounts (£25,000 to £500,000).

The fund is aimed at businesses in Norfolk and Suffolk that want to grow and create new jobs. Small and Medium sized businesses can apply for grants of up to 30% and 20% respectively of the total cost needed for investment.

Cooper Lomaz Operations Director, Mark Fletcher, said: “The New Anglia Business Fund is a great opportunity for local businesses to expand. Businesses sometimes struggle to find funding for all the staff they need to grow, so this scheme will be really useful.”

“The economy is growing and we hope some of the businesses we work with in Norfolk and Suffolk can take advantage of this great opportunity,” Mark added.

If you want to find out more about how your business can benefit, visit the New Anglia website or call the New Anglia Growth Hub on 0300 333 6536.