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Finance for Business

Notes and coinsAt different stages of your business, your financial needs will change. On this page you will find links to information about grants and loans, business rates (including rate relief) and VAT advice.

Finance for start-up

Choosing the right finance for starting up – advice from the Gov.UK website on start-up funding (external link).

If you are aged 18-30, unemployed or working fewer than 16 hours a week, check out the Princes Trust finance and support  (external link) offer.

The Start Up Loans Company (external link) is a government funded initiative that provides start up support in the form of a repayable loan together with a business mentor for entrepreneurs across England and Northern Ireland.

Finance for growth

Staffordshire Business Loan Fund (external link) - Businesses in Staffordshire can apply for loans of £10,000 to £50,000 from BCRS. The Loan Fund has been especially designed to meet the needs of viable businesses that are unable to get loans from traditional sources such as banks. It can be used for a wide variety or purposes including working capital, equipment purchase, recruitment and marketing. To discover more visit bcrs.org.uk (external link) or call on 0345 313 8410.

Michelin Development Fund (external link) - unsecured loans from £5,000 at the Bank of England base rate. Although not sector specific, priority will be given to the manufacturing sector, IT, environmental technology and design/development.

To find out more about the various options for funding business growth, browse the Finance and Grants (external link) site map of the Gov.UK website.

Finance for innovation

Advice from the Gov.UK website on finance for Research and Development (external link)

Finance for training, apprentices and job creation

Find help with identifying suitable training courses on the Gov.UK website (external link)

Fully funded training courses to help your business grow are available through Skills Support for the Workforce (external link). Eligibility criteria apply but both basic skills and higher level skills are included in the programme. For more information contact skillssupport@serco.com.

Find out more about training and apprenticeships on offer from Newcastle-under-Lyme College (external link)

Finance for premises and relocation

Information about incentives available for eligible companies from the Make it Stoke-on-Trent & Staffordshire team (external link).

If you wish to carry out improvements to a listed building, or are based in a conservation area in Newcastle town centre, you may be eligible for financial assistance through the Council's heritage buildings and conservation area grant scheme. 

Finance for environmental efficiency

The Energy Efficiency Loan Scheme (external link) offers business loans for equipment upgrades to improve the energy efficiency of the business, thereby reducing overheads.

Low Carbon Enterprise Grants of between £2,000 and £10,000 are available to small and medium businesses within the Stoke-on-Trent & Staffordshire LEP area. These are capital grants to help make your business low carbon and revenue grants for specialist advice. For more details contact lowcarbon@staffordshire.gov.uk.

Keele University’s Smart Energy Network Demonstrator (SEND) (external link) is seeking Stoke-on-Trent and Staffordshire businesses who want to develop their products or services or to develop new markets. An intensive three-year programme of funded research and development is available to develop a new product, process, service or a new market for the company linked to smart energy. To register an interest contact Keele University's Business Gateway on business.gateway@keele.ac.uk or 01782 733001.

Finance for rural businesses

The Rural Enterprise Programme (external link) operates across Stoke on Trent and Staffordshire’s rural areas, including  parts of Newcastle Borough. However, grant applications for Rural Enterprise Programme are now closed.

Finance for creative businesses

Arts Council England (external link), through Creative United CIC, operates the Creative Industry Finance programme (external link) designed to assist creative and cultural enterprises in securing the finance and investment they need to successfully develop and grow into sustainable businesses. The programme is open to a wide range of enterprises, from micro-businesses through to major institutions and applications are welcome from charities and social enterprises, as well as commercial businesses.


Advice from the Gov.UK website (external link) to help you identify which VAT scheme your business is eligible to use.

Business Rates

To find out more about the rateable value of your property, whether you may be eligible for rate relief and how to pay business rates, use this link to the Business Rates pages of the website.

Last updated 22 January 2019

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