Prosperous Denbighshire is funded by the UK Government through the UK Shared Prosperity Fund through the ‘supporting local business’ investment priority. The project aim is aligned to the UKSPF aims to boost productivity, pay, jobs and living standards by growing the private sector, with focus on supporting micro and small enterprises within Denbighshire.

The objectives are:

• Creating jobs and boosting community cohesion, through investments that build on existing industries and institutions, and range from support for starting businesses to visible improvements to local retail, hospitality and leisure sector facilities.
• Increasing private sector investment in growth-enhancing activities, through targeted support for micro and small businesses to undertake new-to-firm innovation, adopt productivity-enhancing, energy efficient and low carbon technologies and techniques; and start or grow their exports.

About the grant:

The fund will directly support micro and small enterprises in Denbighshire by providing two grant schemes towards costs relating to the introduction of new products or processes:

1. Larger projects: 70% capital and revenue grant, with a maximum total project spend of £50,000 (which would be £35,000 grant funds and £15,000 applicant cash match funding). There is a minimum grant application value of £3,000.
2. Micro business Start Up & Small Business grant: up to 100% revenue grant with a maximum total project spend of £2,000. To enable the fund to reach as many businesses as possible, a cash match contribution will score higher at panel.  There is a minimum grant application value of £1,000.

All successful projects must have been completed and claimed no later than 31st October 2024

Application Window: opened on 2nd April and will close on 13th May (6 weeks only!)

If you’d like to discuss your ideas, please contact:

Donna Hughes on 01490 340500 / 07833 084352