Start-up cash boost: Latest Government fund will deliver hundreds of jobs in North Lincolnshire

15:33, Tuesday, 7th December 2021

A new £75,000 grant pot for budding entrepreneurs and start-ups has been announced by North Lincolnshire Council.

The Government-funded cash is designed to help people to launch new ventures or grow newly-created businesses.

This latest cash is seeing North Lincolnshire Council deliver on the levelling-up agenda, supporting a strong, diverse business sector by creating jobs and enabling opportunities for growth.

Cllr Rob Waltham, leader, North Lincolnshire Council, said: “If our economy is to continue powering ahead we must support our young businesses, which is exactly what this grant scheme does.

“Confidence in the local economy is demonstrated by the number of people starting new businesses, and the council and Government are playing a vital part in supporting these start-ups.”

The one-off payment of up to £1,000 is aimed at helping people starting a new venture or going self-employed, as well as businesses in their first 12-months of trading.

It can be used for things such as equipment, permits, marketing or stock acquisition.

This latest cash comes after a raft of local businesses, including 28 start-ups, shared a pot of £400,000 Government cash designed to help lead the recovery from the Covid-19 pandemic.

North Lincolnshire has received £200m of Government money to support the region since the start of the pandemic in March 2020.

For more details of the latest grant, including eligibility criteria and to book an appointment with a business advisor, go to the Invest in North Lincolnshire website.