MORE grants of between £500 and £1500 are now available to help promote new small business start-ups, self-employment and entrepreneurship in Tamworth.
The Tamworth Borough Council Start-up Business Grant Scheme continues to run into its third year, offering help to individuals wanting to set up new businesses in the area.
The scheme is now encouraging entrepreneurs and small businesses to apply for this year’s first round of grants of between £500 and £1500, before the application closing date on November 29, 2019.
Businesses including a repair service, music tutor, barber and a driving instructor, have all benefited from the grant scheme over the last 12 months.
A total of 55 businesses have so far been supported to the value of £45,821, over the two years since the scheme was launched in April 2017.
To receive these small business grants, individuals are required to meet some basic criteria. This includes attending the Enterprise for Success programme, which provides 12 hours of one-to-one advice and support delivered from Tamworth Enterprise Centre at Philip Dix House in Corporation Street.
The Enterprise for Success programme ensures individuals and businesses have the right skills they need to run their business and results in the creation of a business plan.
Alison McAusland, a successful grant applicant, has set up McAusland Music with the mission to improve access to high-quality music tuition in Tamworth and the surrounding areas.
Alison said: “The business grant I received from Tamworth Borough Council has allowed me to invest in dramatically improving the quality of the service I provide.
“The turnover of my business is quite small, so the grant adds a huge proportion to the amount that it can afford for professional development, much sooner than it otherwise would.
“I am able to study a postgraduate course at the Royal Birmingham Conservatoire in Jazz Performance. I’m already a highly trained and qualified teacher, but the grant means I can invest in making myself the highest standard of a performer too, and students at my music school will have one of the most expert teachers in the region.”
Alison has recently been acknowledged as ‘Highly Commended’ at the Tamworth Business and Community Awards, featured as Blue Orchid Business of the Month, as well as joining the free 12-month Future Faces Chamber of Commerce programme offered by Tamworth Borough Council and Lichfield District Council.
Alison commented on her business blog: “I was delighted to attend the Tamworth Business and Community Awards 2019 as a Finalist in the category ‘Entrepreneur of the Year’. It was an incredible evening celebrating the success of local business and community groups in our town.”
Cllr Jeremy Oates, the Cabinet Member for Heritage and Growth, said; “This successful scheme continues to support individuals wishing to start up in new businesses or who have been trading for less than three years.
“Small businesses are the foundation of any thriving economy and using the new Tamworth Enterprise Centre as a ‘hub’ of support and advice can only help grow the local economy.”
Grant applications are recommended to the Cabinet Grants Committee on a quarterly basis for approval. An annual budget of £20,000 has been allocated to the scheme, with around £5,000 being distributed per quarter. This is subject to annual budget reviews and agreements up to March 31st 2020.
To submit an application in this round, individuals who are new to business, need to be able to attend the two-day start-up masterclass on Tuesday, November 5 and Wednesday, November 6, at The Tamworth Enterprise Centre. Additional dates to be confirmed, information can be found at: www.enterpriseforsuccess.co.uk
To register your interest and check if you are eligible for a grant please contact: Lorraine Farley (Economic Development & Regeneration Officer) 01827 709525 or email: email@example.com