Thursday, May 30, 2024

Cash help for new businesses

NEW businesses in Thurrock are being offered the chance to bid for a cash injection.

Following the success of last year’s Bursary Programme which saw nine business start-ups receive up to £1,000 to enable them to buy vital equipment and services, the scheme is being relaunched.

Thurrock Council in conjunction with the ERDF Low Carbon Business Programme is running the second round of the programme from Monday 14 January.

Up to 13 start-up businesses can be awarded a bursary of up to £1,000. They will need to submit an application form along with a strong business case to be evaluated by the Bursary Panel.

In order to be considered for a bursary, applicants must:
Be operating or starting a business with its main business address in Thurrock
Be a new business, started after January 2010
Be registered for VAT OR National Insurance Type 2 Contributions or registered with Companies House
Have a viable business plan (as decided by the bursary panel)
Have a business plan that accounts for and takes action to minimise carbon footprint

The closing date for applications is 1 March 2013 and applications or more information is available from business@thurrock.gov.uk, 01375 652271 and www.thurrockbusiness.net

Case study

WR Meats Ltd is a new company which took over an established but run-down shop in Corringham. Due to the poor state of repair of the shop they contacted Thurrock Council to apply for a bursary of a £1,000.

After a successful application, they were able to install a new awning to their shop front which enabled the company to keep direct sunlight away from meat products while also adding to the visual appearance.

It has also reduced energy bills.

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