Companies in Staffordshire can now apply for a convertible loan of between £125,000 and £5 million, to support continued growth and innovation in sectors as diverse as technology, life sciences and the creative industries.
Small businesses across Stafford will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders.
This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months. This may be extended if needed.
Who can apply
You can apply if you’re a self-employed individual or a member of a partnership and you:
A lot of people are asking me this question. This is a fast moving situation and we are all trying to adjust to these changed circumstances appropriately and effectively.
The priority remains adjusting our behaviour and habits for the benefit of others. Thank you all for doing that.
During my maiden speech in the House of Commons last month, I emphasised that, as Britain leaves the European Union, the government should remain committed to expanding our global horizons and reinforcing our national mission as a force for good in the world.
