Funding for SEMs
If you are a small to Medium-sized business, Cardonald Training Solutions has complied a comprehensive list of organisations who can help you find funding for your business.
Business Gateway
0845 609 6611
This organisation offers practical help, advice and support for new and growing businesses in Scotland. Business Gateway can give you information about:
- grants and support schemes;
- finance and grants near you;
- finance and grants case studies;
- raising finance;
- managing finance.
Local Regeneration Agencies - Glasgow has 5 LRAs:
- Glasgow North (GNRA) 0800 917 0198 www.glasgownorth.org
- Glasgow South East (GSERA) 0141 429 6314 www.gsera.org.uk
- Glasgow South West (GSWRA) 0800 013 1338 www.gswra.co.uk
- Glasgow East (GERA) 0141 781 2000 www.gera.org.uk
- Glasgow West (GWRA) 0141 949 4949 www.gwra.org.uk
If you require any business advice these organisations should be able to point you in the right direction.
The website smallbusiness.co.uk is a useful site for finding out about:
- Government grants;
- Raiding money;
- Business loans;
- Tax and VAT;
- Accounts and book-keeping;
- Managing cash flow;
- Wages;
- Late payment.
- Selling your business
The businesslink.gov.uk website has a No-Nonsense Guide to Small Business Funding.
Prince’s Trust
0141 204 4409
This organisation can help 18-30 year-olds with:
- Loans at preferential rates;
- Development Awards;
- Community Cash Awards.
ILA Scotland
0808100 1090
If you have an income of £22,000 per year or less, you may be able to access up to £500 towards the cost of training.
Glasgow City Council
0141 287 7260
GCC can help with grants for training and business sustainability, as well as providing support and advice.
European Funding
This is a good website to determine the type of European funding which may be available, and you can key in your details to see whether your organisation might be eligible for funding.
Small Business Bonus Scheme (Rates Relief Scheme)
This scheme replaces the old rates relief scheme for businesses. Businesses with properties at a combined rateable value of less than £15,000 will get some relief on a sliding scale. From 1 April 2009, the relief is 100% for property with a combined rateable value of £8,000 and less, 50% for £8,001-£10,000 and 25% for £10,001 to £15,000:
|
Percentage relief available, subject to eligibility |
Combined rateable value of all business properties in Scotland |
||
|
2008-09 |
2009-10 |
2010-11 |
|
|
up to £8,000 |
80% |
100% |
100% |
|
£8,001 to £10,000 |
40% |
50% |
50% |
|
£10,001 to £15,000 |
20% |
25% |
25% |
Knowledge Transfer Partnership fund
This is a scheme available through the Engineering and Physical Sciences Research Council (EPSRC) that can provide support by way of part funding a consultant placement to facilitate knowledge transfer between higher education and industry – Cardonald College can qualify for this. Projects funded through this can help improve an organisation’s competitiveness and productivity through better use of knowledge, technology and skills. Projects should be core to the strategic development of the business.