Grants up to £30,000 on offer for small businesses

Grants of up to £30,000 are available to help businesses in East Devon in the fourth round of a funding project.

East Devon District Council (EDDC) said the new round of funding was available for the region's small businesses.

It is part of a scheme to help local businesses "grow diversity and improve their productivity", the council said.

The Innovation and Resilience Fund is funded by the government but delivered by the council, the local authority added.

Councillor Paul Hayward, the council's portfolio holder for economy and assets, said the scheme had "already helped a range of businesses across the district bring ambitious projects to life".

He added: "We're looking forward to supporting even more ideas this time around."

Hayward said the fund had been "shaped" in partnership with councillors to ensure "fairness and maximum local benefit".

He said all businesses with a strong project idea were encouraged to apply for grants between £3,000 and £30,000.

Businesses can apply for capital grants to help fund innovative or growth-focused projects.

Applicants must provide 30% of the total project costs in match funding.

A full policy document is published on the council's website and expressions of interest opened on Wednesday.

Applicants have until 16:00 BST on 23 July to submit.

The deadline for full bid applications is 15 August, by 16:00 BST, the council said.

Businesses can only submit a full application once their expression of interest has been approved.

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