Funding is available for small and medium-sized business owners within the Folkestone Community Works area looking to grow their ventures.

The SME Business Grant Scheme offers match-funded grants of up to £7,500 for equipment which will support further economic development in the district.

Previous successful applicants, including start-ups and sole traders, have invested in machinery to introduce new processes and expand production capacity.

Funding decisions are made by the Local Action Group, made up of businesses and community leaders.

They next meet early next year – and entrepreneurs should submit their application by 4 January 2021 if they wish it to be considered then.

Cllr David Wimble, F&HDC Cabinet Member for the District Economy, said: “Folkestone Community Works has helped a number of businesses in the area grow and become a real success story for the area.

“They are especially grateful for the 1-2-1 support offered by the team throughout the process, so I would definitely encourage people interested in the programme to get in touch.”

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In the past month, nine SME Business Grant Scheme offers have been made to applicants by Folkestone Community Works, which is managed by Folkestone & Hythe District Council.

These total £88,000 – including match funding – and cover a diverse range of organisations including a motor vehicle company, an online designer, and a health foods business.

The eligible area covers the central, east and harbour areas of Folkestone. For more information and to apply, visit www.folkestonecommunityworks.com

By Ed

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