DERBYSHIRE: Funding boost in the pipeline for firms

Derbyshire companies could be in line to bid for grants of up to £50,000 after Government funding of £3m was provisionally secured for the county.

Derbyshire Economic Partnership (DEP) has been provisionally awarded the support from the Government’s Regional Growth Fund.

It is part of a nationwide pot of £506m which would be used to fund DEP’s new Global Derbyshire Small Business Support Programme.

The programme plans to offer grant support covering up to 50 per cent of investment costs of small and medium sized Derbyshire businesses which are seeking to grow, collaborate, innovate and export to create new employment for local people and attract inward investment to the county.