Posted: 17.09.21 at 14:54 by Philippa Davies
A new £2m funding scheme aimed at local businesses and organisations has been launched by East Devon District Council.
The Innovation and Resilience Fund is designed to help businesses and organisations 'deliver a project', such as creating new jobs or products or reducing their carbon footprint.
The minimum you can get is £2,500, and the maximum is up to £50k per individual bid, or £150k for a collaborative bid (multiple businesses/organisations).
You'll have to show that the project will lead to 'exceptional positive benefits for the local economy.'
You'll need to:
1. Have been trading before 1 January 2021;
2. Primarily operate and trade within East Devon;
3. Not be in administration, insolvent or has been struck off the Companies House register;
4. Not have exceeded the permitted subsidy control threshold.
To find out more and to apply, click here to go to the East Devon District Council website.
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