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:

  • thinking of setting up a business
  • looking to further grow their business.

Contact information

Email: 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

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 information

Website: Growing Kent and Medway

This grant is open to businesses of any size. 

Must be

A business registered in Kent.

In the horticulture and plant-based food and drink sector.

1 January 2024
Partners for Green Growth

The Partners for Green Growth scheme aims to help small and medium-sized businesses (SMEs) in Medway to become more sustainable and environmentally responsible.

The funding is to help businesses in the:

  • implementation of their decarbonisation plans
  • adoption of new processes that contribute to their net-zero journey.

The grant aims to offset some of the costs associated with sustainable initiatives and allow businesses to make meaningful progress towards their environmental goals.

Visit our Partners for Green Growth page to see the eligibility criteria and apply. March 2025
Net Zero Audits Medway

A dedicated Decarbonisation Adviser will be assigned to your business in order to understand the challenges you’re facing.

Your adviser will:

  • arrange an online meeting to understand your specific aims from the audit
  • make a face-to-face appointment to assess current operations and actions to be taken
  • provide a detailed analysis report highlighting carbon impact, key areas for improvement, and the timespan of these objectives
  • provide a 'Confirmation of Audit' certificate from the Kent Invicta Chamber of Commerce.

Contact information

Website: Kent Invicta Chamber of Commerce

Must be

A business trading for at least a year, with one location and no more than 4 fleet vehicles.

Additional premises or vehicles may incur charges.

March 2025
Kent and Medway Business Fund

The Kent and Medway Business Fund (KMBF) is now accepting pre-applications for the KMBF Standard Loan and KMBF Small Business Boost.

This scheme is funded by recycled loan payments from the former Regional Growth Fund schemes:

  • Expansion East Kent
  • TIGER
  • Escalate.


Contact information

Website: Kent County Council

Must be

A small or medium-sized business.

No end date
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 information

Email: info@wearecreative.uk

Phone: 03330 235 240

Website: Creative UK

Must be

Aged 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 information

Email: hello@startuploans.co.uk

Phone: 03442 642 600

Website: British Business Bank

Must be

Aged 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.

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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