We provide access to a variety of loans, grants and apprenticeship schemes to support local businesses.
This provides a range of opportunities for Medway businesses to meet their ambitions.
Medway’s financial guidance is for businesses of all sizes and sectors, from small scale start-ups and sole traders to small to medium enterprises (SMEs).
Financial support for your business needs
| Scheme | Details | Eligibility | Closing |
|---|---|---|---|
| Partners for Growth (PFG) |
PFG is a Medway Council scheme. It provides grants for small-to-medium enterprise (SME) businesses in Medway that are looking to take their growth to the next stage. The scheme is available to Medway residents who are:
Contact informationEmail: businessandskills@medway.gov.uk Email: business@kentandmedwaygrowthhub.org.uk Phone: 01233 225447 |
Visit our PFG page to see the eligibility criteria and apply. |
March 2024 or until the budget is spent |
| Low Carbon Across the South-East (LoCASE) |
This scheme is provided by Kent County Council (KCC) and offers funding between £1,000 and £10,000 for carbon reduction and increase in sustainability for businesses in the environmental and sustainability sector. Contact informationWebsite: www.locase.co.uk |
Must beA small or medium sized enterprise (SME) and registered in the South East Local Enterprise Partnership (SELEP). The business must offer goods or services that improves the environment and can be considered to lower the environmental impact of their customers or work as part of the supply chair for other businesses who do work around the environment. |
Spring 2023 |
| Start UP Loan - Creative England |
This scheme is offered by Creative England and offers low-interest personal loans up to £25,000. The scheme includes free mentoring to help you start or grow a new business. Contact informationEmail: info@wearecreative.uk Phone: 03330 235 240 Website: www.wearecreative.uk |
Must beAged 18 and over and starting a new business or been trading for up to 36 months. The business must be based in the UK and have a recent turnover of £300,000 and one year of accounts filed at Companies House. |
No end date. |
| Start Up Loan and 12 Months Mentoring |
This loan is offered by British Business Bank and is for business taking the first steps or been trading for a while and want to grow. The scheme can offer a loan of up to £25,000 and free mentoring for 12 months. Contact informationEmail: hello@startuploans.co.uk Phone: 03442 642 600 Website: www.startuploans.co.uk |
Must beAged 18 and over to apply and starting a new business or been trading for up to 36 months. A business based in the UK and have a recent turnover of £300,000 and one year of accounts filed at Companies House. |
No end date. |
| Business Innovation Vouchers |
This grant is for 75% funding towards researching projects costing up to £20,000. Businesses can use the Business Innovation Voucher worth up to £15,000 to access leading experts and research facilities in Kent and Medway. Contact informationWebsite: www.growingkentandmedway.com |
This grant is open to businesses of any size. Must beA business registered in Kent. In the horticulture and plant-based food and drink sector. |
1 January 2024 |
Contact us
You can keep up-to-date with our latest business news, events and advice by completing our business contact form.
For business support and advice email businessandskills@medway.gov.uk.
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