A GRANT funding scheme created by Warwickshire County Council has supported more than 100 small businesses with grants totalling in excess of £2.5million.
The Small Capital Grants scheme was launched by WCC in 2015 to support small businesses with their growth plans.
It has given 118 businesses grants totalling £2,503,171, leading to the creation of a forecasted 469 jobs.
The scheme, which provides grant support of between £5,000 and £35,000 for micro and small enterprises, opened back in September 2015 with its first three recipients – Warwick-based Church Farm Brewery, Ag-Con machinery solutions in Shipston and Mudwalls Farm growers on the southern edge of the county.
The scheme is still going strong supporting businesses across the economy including the manufacturing, food and drink, education, automotive, leisure, hospitality, wellness, retail, engineering and logistics.
WCC leader Cllr Izzi Seccombe said: “The Small Capital Grants scheme has proved a sustained, outstanding success in supporting small businesses and the local economy in all parts of Warwickshire and all sectors.
“We are blessed by a wonderfully vibrant community of small businesses in our county and it is great to know that so many of them, their employees and their customers, have benefited from this simple but hugely effective scheme.
“It is still going strong – I would urge all small businesses considering growth plans to think about whether a Small Capital Grant could assist them.”
To find out more call CW Growth Hub on 0300 060 3747.
