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
|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:
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.
Website: Growing Kent and Medway
This grant is open to businesses of any size.
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:
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.
|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:
Website: Kent Invicta Chamber of Commerce
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.
|Kent and Medway Business Fund
The Kent and Medway Business Fund (KMBF) is now accepting pre-applications for the KMBF Standard Loan and KMBF
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.
Phone: 03330 235 240
Website: Creative UK
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.
Phone: 03442 642 600
Website: British Business Bank
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.
Stay up to date with Business for Medway
Sign up to get the latest business news, events and advice from us. We'll only contact you about topics you're interested in.