New Elevate funding programme – support for business

Oxfordshire’s Local Enterprise Partnership (OxLEP) is providing £200,000 in grant funding through its Elevate support programme, aimed at start-up and growing small businesses in the county.

Launched on Monday 3 July, businesses will be able to apply during six rounds of awards between now and the middle of 2019. Heather Martin from OxLEP commented at the launch: “This is a really fantastic opportunity for some of our smallest businesses to secure funding, even before they start trading. It is not very often that SMEs, especially new businesses, are offered such grant support. We are certainly hoping to see plenty of applications from them for our Elevate grants.”

Elevate launch event at the Sheldonian Theatre, Oxford

Elevate

Oxfordshire has seen strong growth in recent years – with over 45,000 new jobs being created in the county over the past five years and it is hoped the grant funding opportunity will support more small businesses to grow. Heather added: “When businesses are small, typically employing a very small number of people, we know there is a need to help inject new skills and support. These grants will provide additional funds for projects which can help them grow, create new jobs and launch new services or products. It is the kind of support that’s priceless.”

Between £1,000 and £8,000 is on offer in the form of ‘match funding’ with each successful award. It is available for business-to-business enterprises and some consumer-facing businesses. The new Elevate programme is completely free to use and aims to help small and medium sized enterprises to prosper and create jobs.

Alongside its grants, the OBS Elevate programme also includes 96 workshops on a range of vital skills and a team of Network Navigators who work with entrepreneurs to guide and support them.

Interested? Contact us at SO Business for an application form.

You can also find out more about Elevate grants, workshops and Network Navigator support at: www.oxfordshirebusinesssupport.co.uk.