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Business grants

Medway Council encourages innovation, supports new and existing businesses that want to grow and helps those planning to move to Medway. This page contains some of the funding available both from the Council and outside organisations.

Council assistance

Partners for Growth (PFG)

The PFG scheme was started in 1994 and was designed to help businesses by providing a package of funding and free business advice. The PFG loan scheme still runs today and has helped many of Medway's well established companies. In 2009, the PFG start-up grant was introduced; a one off payment to help Medway residents kick start their business.

  • The PFG loan scheme ideally requires the company to have fewer than 50 employees and to have more than two years of successful trading.
  • The PFG start-up grant is open for application to any Medway resident with a full-time business.

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General signposting

Grant for Business Investment (GBI)

Download the GBI grants brochure (pdf 180KB). To use the pdf files on this page you will need Adobe Acrobat Reader. If you do not have it on your computer, please go to our advice page.

You can also visit www.se-gas.co.uk/selective_finance_for_investment.htm to find out more about how Medway businesses can qualify for financial assistance under this initiative, designed for businesses considering investing in an area of high deprivation but in need of financial help. Contact Jim Miller or Brian Short at the South East Grant Advisory Service for free advice.

Medway Business Awards

The awards (www.mbawards.co.uk/), now in their 26th year, have become Medway’s premier business accolade. They offer the opportunity for a business to stand out and to gain recognition for the hard work and innovation shown by its managers and employees.

The awards offer a cash prize fund of £5,000. All the finalists receive a certificate of achievement and excellent free publicity from the Medway Messenger. It is a great public relations opportunity and boosts staff morale.

Eligible businesses include those:

  • located in the Medway Council area;
  • with a turnover of less than £5.6million per annum;
  • that have been trading for at least 12 months before the awards.

Innovation grants and assistance

 

For more information contact Economic Development and Social Regeneration by telephone: 01634 306000 or by email: business.support@medway.gov.uk

Write to: Economic Development and Social Regeneration, Medway Council, Gun Wharf, Dock Road, Chatham, Kent ME4 4TR

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