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    Last update 22/07/2025

    2025 Grants and Loans for Small Businesses in Hambleton, UK


    πŸ”Ή Introduction

    If you're a startup, small business, or entrepreneur based in Hambleton (now part of North Yorkshire Council), there is a range of grants, loans, and business support schemes available to help you grow.

    This guide provides an up-to-date overview of local and national funding opportunities, including how to apply and who to contact.


    πŸ”Ή Available Grants

    UK Shared Prosperity Fund (North Yorkshire Council)


    Innovate UK Innovation Loans


    Defence Innovation Loan (DASA)


    Other Local & Sector-Specific Grants


    πŸ”Ή Government-Backed Loans

    Start-Up Loans (via British Business Bank)

    • Amount: £500 to £25,000.

    • Interest: 6% fixed per annum.

    • Support: Includes free business mentoring and planning tools.

    • Eligibility: UK residents aged 18+, trading for less than 36 months.

    • Apply:
      πŸ‘‰ https://www.gov.uk/apply-start-up-loan


    Growth Guarantee Scheme (formerly Recovery Loan Scheme)


    πŸ”Ή Local Council Support

    Since 2023, Hambleton District Council is part of North Yorkshire Council.

    To explore local support:


    πŸ”Ή Eligibility Guidance


    πŸ”Ή Application Process

    1. Define your funding purpose – e.g. startup costs, hiring, marketing, sustainability.

    2. Research schemes – check national and regional websites.

    3. Check your eligibility – including location, business size, and sector.

    4. Prepare your documents – include business plan, financial forecasts, ID, proof of trading.

    5. Apply online – via GOV.UK, Innovate UK, or council websites.

    6. Follow up – keep track of deadlines and respond to requests for additional information.


    πŸ”Ή Additional Tips

    • Network with other business owners using platforms like:
      πŸ‘‰ https://www.gmaxcard.com/business-networking

    • Attend local events and council-led briefings.

    • Consider joining support groups such as the Federation of Small Businesses (FSB) or local Growth Hubs.


    πŸ”Ή Contact & Further Information


    ❓ Frequently Asked Questions (FAQ)

     

    πŸ”Ή Does North Yorkshire Council offer business grants in Hambleton?
    Yes. Grants are available via the Shared Prosperity Fund and other local economic programmes. Visit the North Yorkshire Council business grants page for current details.

     

    πŸ”Ή What is the maximum available through Start-Up Loans?
    You can apply for up to £25,000 with free mentoring and a fixed 6% interest rate.

     

    πŸ”Ή Where can I find funding options from the British Business Bank?
    Visit https://www.british-business-bank.co.uk for guidance on loans, growth funding, and guarantee schemes.

     

    πŸ”Ή How can North Yorkshire Council support my business?
    The council provides grants, business guidance, and links to training, funding, and networking resources.

     

    πŸ”Ή Are there other funding options beyond government schemes?
    Yes. Look into angel investors, crowdfunding platforms, venture capital, and innovation loans (such as those from Innovate UK).

     

    πŸ”Ή What should my business plan include for funding applications?
    It should cover objectives, market research, budget forecasts, funding use, sustainability, and your growth strategy.

     

    πŸ”Ή How often are new grants released?
    New funding rounds often open quarterly or biannually. Subscribe to council newsletters and check GOV.UK regularly.

     

    πŸ”Ή Can local support organisations help me apply?
    Yes. North Yorkshire Council and regional Growth Hubs offer 1-to-1 support, events, and application guidance.

     

    πŸ”Ή What steps should I follow to access support?
    Define your funding need → research options → confirm eligibility → prepare documents → apply online → follow up.

     

    πŸ”Ή How can I contact the business team?
    Use the council’s contact form:
    πŸ‘‰ https://www.northyorks.gov.uk/contact-us
    Or call: 01609 780 780

     

     

     

     

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