The most suitable finance option for your business depends on many things, including:

  • how much funding you need
  • your current business revenue or if you’re a new business
  • whether or not you’re willing to offer personal assets as security – this can make it easier to get funding but is risky if you’re not able to maintain payments
  • whether or not you own a business property – this can make it easier to get funding
  • whether or not you’re willing to sell shares

With so many options available it’s difficult to know what funding is best for you.

That’s why we have partnered with Finpoint, a Financial Conduct Authority (FCA) regulated intermediary, to bring you expert advice and guidance on all your funding needs.

Businesses can access guidance on property, asset, growth and invoice finance for free and save time with 1 simple online application.

Local Funding and Finance Schemes

Support Staffordshire – communities and individuals

Support Staffordshire is a fully inclusive and democratic membership organisation for the entire local VCSE sector supporting communities, individuals, and organisations to work together to bring about positive change. Their online tool provides free access to a list of funding opportunities for the sector which can be filtered by location within the Stoke-on-Trent and Staffordshire …

Community Foundation for Staffordshire

The Community Foundation for Staffordshire administers many different grants schemes from various funders. These schemes are usually open all year, but tend to run in rounds, and so please make sure you check the individual cut off dates on each scheme. Grants from the Community Foundation

Michelin Development Fund

Small and medium-sized enterprises located in and around Newcastle-under-Lyme, Stoke-on-Trent and the Staffordshire Moorlands can apply for unsecured loans from £5,000 through Michelin’s associate bank at a subsidised interest rate (Repayment period of three to five years). A Michelin Development loan can be used for a whole range of projects which are linked to the …

Staffordshire and Stoke-on-Trent Business Loan Fund

Staffordshire and Stoke-on-Trent businesses that have been turned down by other lenders can now apply to the Stoke-on-Trent Business Loan Fund, supporting businesses to grow through affordable, unsecured loans from £10,000 to £50,000 BCRS Business Loans work in partnership with Staffordshire County Council and Stoke-on-Trent City Council to deliver the Staffordshire & Stoke-on-Trent Business Loan …

0% Start-up loans

If you’ve a brand new business or your business is less than two years old, you could be eligible for an interest- free loan of between £3,000 to £5,000, which can be used for most purposes to allow you to fund those key purchases to get your business off the ground. The loan is unsecured, …

UKSPF Residual Fund

South Staffordshire Council has launched the UKSPF Residual Fund and is seeking expressions of interest from eligible organisations £780k capital and £420k revenue funding is available to deliver projects and schemes that support people and businesses in the district to thrive and grow. Who is eligible to apply? Eligible organisations can be either partnerships or …

UKSPF grant scheme

Stafford Borough Council has launched a UKSPF grant scheme to help support small to medium rural based businesses (SMEs), that are located within Stafford Borough. This fund is open to those businesses where a minimum of 75% of the business income is from sales to other businesses. A limited fund of £500,000 is available and …

Regional and National Funding & Finance schemes

Made Smarter

Manufacturing or engineering SMEs in the West Midlands can benefit from Made Smarter and get help to transform their business through new digital technology. The programme includes: Specialist advice and support to develop an action plan for adopting digital technology in your own detailed roadmap. Up to 50% match funding (Maximum of £20,000) available for …

Arts Council England Funding

Arts Council England invests public money from the Government and the National Lottery to champion and develop art and culture across the country. Throughout the year they have several open funds available and are looking for organisations, artists, events, initiatives and others to apply for our funding and help them achieve their strategy https://www.artscouncil.org.uk/our-open-funds

Funding for farmers

The Department for Environment, Food & Rural Affairs (DEFRA) has published a blog providing a roundup of all the grants on offer in 2023. What it is and who it’s for  Through the Research Starter Competition, farmers, growers and forestry businesses based in England can apply for a grant to improve productivity, sustainability, resilience and move …

Intellectual Property Audit Grants

In conjunction with the Intellectual Property Office (IPO), Innovate UK Edge are offering IP Audit grants of up to £2,500, with a contribution of £500 from you, to subsidise an IP audit carried out by an IP professional of your choice. Why you should focus on intellectual property Security: well-managed IP can protect your business …

Innovate UK – Innovation Hub

Innovate UK is the UK’s innovation agency and committed to supporting the innovation journey for UK businesses to start up and grow. We are practical and responsive. The Innovation Hub is a practical way to respond to the need to provide innovators with better and faster access to public support across the innovation landscape on …

Midlands Engine Investment Fund

The Fund offers four different funding options to help your business grow, ranging from small business loans to fund start-ups, to later-stage equity investment that allows established businesses to continue growing. Funds available: Small Business Loans: £25k -£150k Debt Finance: £100k – £1.5mil Equity Finance: £50k – £2mil Proof of Concept: Up to £750,000 https://www.meif.co.uk/funds-available/ …

For more funding and finance schemes available in the UK, access the Government’s business finance and support finder. To find and apply for Government grants, you can also access the new Find a Grant service.

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