£3.5 million grant fund for business

Businesses across the county are being encouraged to apply for a share of a £3.5 million grant.

Locate East Sussex has helped secure the money in grants and loans for growing businesses and start-ups in the county which it claims will create nearly 400 new jobs.

The funding comes from the award to East Sussex County Council from the government’s Regional Growth Fund. To date this has been matched by more than £16 million from local companies representing a total boost of more than £19 million to the county’s economy. The landmark figure of £3.5 million was reached less than a year after the funding programme was launched by Locate East Sussex, which is financed by a partnership of East Sussex district and borough councils and East Sussex County Council. For expanding companies or those at the start-up stage in East Sussex, there is still £1 million of support available. Applications must be made by the end of January at the latest. Full details about funding support, along with terms and conditions, are available at locateeastsussex.org.uk/funding.aspx, email at enquiries@locateeastsussex.org.uk or by phoning 01424 205085.