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
We offer our own financial support schemes to Medway businesses through the Partners for Growth Scheme.
We support innovative Medway businesses by helping give them access to an innovation coach that can help with product development and intellectual property management.
The PFG start-up scheme is available to Medway residents who are thinking of setting up a business.
- free business planning workshops
- one-to-one business advice
- start-up grants of up to £1,000 for eligible businesses
The PFG interest free loan scheme is available to growing businesses that have at least two years of successful trading and less than 50 employees.
The scheme provides you with a business advisor that can help you prepare a business plan and guide you through the loan application.
To discuss your proposal please phone 01634 338 138, 01634 332 317 or email firstname.lastname@example.org
The innovation coach is a business support service we offer at the Innovation Centre Medway.
Our Innovation Coach can help you:
- develop new products
- manage and generate intellectual property by putting you in touch with services that are more widely available through Innovate UK
If you’re interested, call 01634 825 318 or email S.D.G.Warran-Smith@greenwich.ac.uk
We work closely with Kent County Council (KCC) and the Kent Invicta Chamber of Commerce (KICC).
Together we provide Medway’s businesses with funding opportunities that are available across the region and the south east.
The Start Up Loans scheme has partnered with Kent Invicta Chamber of Commerce (KICC) to offer business advice and loans for start-up businesses in Kent.
The scheme supports loans up to £25,000 with a fixed annual interest rate of 6%.
The Kent and Medway Business Fund (KMBF) offers 0% loans between £50,000 and £500,000 to small and medium sized businesses across the region.
The South East Business Boost (SEBB) programme offers grants between £1,000 and £1,300 to help grow small and medium sized business in Kent.
South East Creative, Cultural and Digital Support (SECCADS) offer match-funding grants between £1,000 and £20,000 that cover up to 35% of individual project costs.
The average grant size awarded are £1,000 to £3,000.
Low Carbon Across the South East (LoCASE)
LoCASE is a project set up to help business adapt and tackle climate change.
LoCASE awards grants of up to £20,000 to small and medium sized businesses in the South East.
Solar Together Kent
Solar Together Kent is a group buying scheme to help you get solar panels at a competitive price.
The scheme is open to small businesses and community buildings for installations of less than 50 panels.
Workplace Charging Scheme (WCS)
WCS is a government scheme that gives financial support towards buying and installing electric vehicle charge-points.
It is available to eligible businesses, charities or public sector organisations.
We can help businesses through the use of business rate reductions and relief.
This can help business owners in certain scenarios manage the costs of their business rates.
If you’re looking for more funding you can find all national funding schemes to find any more opportunities that might suit your business.
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