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Last update 22/07/2025

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Grants and Government-Backed Loans for Startups in Chorley (2025)

🔹 Local Resources

Chorley Council offers business support through its dedicated economic development platform:

💼 Choose Chorley for Business

A central hub providing information on startup advice, available grants, and wider business support services in the borough.

🔗 Choose Chorley for Business

🔹 Government-Backed Support

💸 Start-Up Loans

Government-backed personal loans of up to £25,000 for startups and businesses less than two years old. Includes mentoring and resources.

🔗 Start-Up Loans

🧭 Business Finance Support Finder

Use this GOV.UK tool to find government grants, loans, and equity options relevant to your business type and stage.

🔗 Business Finance Support Finder

🔹 Regional Resources

🚀 Boost: Lancashire's Business Growth Hub

Provides mentoring, growth planning, and access to regional and national funding streams for Lancashire-based businesses.

🔗 Boost Business Lancashire

🔹 Tips for Securing Funding

Clearly define your needs: Know how much funding you require and how it will be used.
Match the funding to your goals: Choose grants and loans that suit your stage and sector.
Prepare a solid business plan: Include projections, a marketing plan, and use of funds.
Build your network: Collaborate with local founders and attend business events in Lancashire.

📞 Chorley Council Contact Details

Website: www.chorley.gov.uk
Phone: 01257 515151

❓ Frequently Asked Questions (FAQ)

🔹 Q1: Does Chorley Council offer direct grants to businesses?
A1: While they may not provide direct grants, they offer support and guidance through their business hub.

🔹 Q2: What is the maximum loan amount from the Start-Up Loans scheme?
A2: You can access up to £25,000 as an unsecured personal loan.

🔹 Q3: Where can I find relevant funding options?
A3: Use the Business Finance Support Finder and check resources on Choose Chorley and Boost Lancashire.

🔹 Q4: What should my business plan include for funding?
A4: Key sections include executive summary, market analysis, financial projections, and planned use of funds.

🔹 Q5: Can I apply for multiple funding sources?
A5: Yes, as long as you meet each scheme’s individual criteria.

🔹 Q6: How often should I look for new grant opportunities?
A6: At least monthly—council and LEP updates often bring new initiatives.

🔹 Q7: Are rural-specific grants available in Chorley?
A7: Possibly. Contact the council or Boost Lancashire for updates on rural or sector-based programmes.

🔹 Q8: How does networking help with funding?
A8: It opens doors to informal funding leads, peer recommendations, and collaborative grant bids.

🔹 Q9: What is Boost Lancashire?
A9: It's Lancashire’s official growth hub offering business support, mentoring, and access to funding pathways.

🔹 Q10: How do I contact Chorley Council for business help?
A10: Call 01257 515151 or visit www.chorley.gov.uk.

Value AD

2025

100% FREE

BUSINESS TOOl

What is Value Ad?

Value Ad is an innovative policy designed to foster a mutually beneficial relationship between two key groups: new businesses and service providers. This policy helps startups save significantly on essential services while enabling service providers to gain valuable traction and growth opportunities.

How is it a Win-Win Deal?

For New Businesses:

Cost Savings: Startups can save 50% to 80% on essential services such as website development and marketing. This means they don’t need to invest heavily upfront, making it easier to launch and grow their business.

Alternative Investment: The money saved through these discounts can be reinvested into other critical areas of the business, acting as an alternative investment that fuels further growth and development.

For Service Providers:

Initial Customer Base: Service providers, often tech startups themselves, can attract a significant number of initial customers by offering their services at a discounted rate. This helps them build traction and demonstrate value, which is crucial for attracting venture capital (VC) funding and other opportunities.

Marketing Efficiency: By providing affordable services, service providers do not need to spend heavily on marketing to acquire new customers. The discounted services themselves become a powerful marketing tool, bringing in customers who can spread the word and enhance the provider’s reputation.

Growth and Expansion: Attracting more customers through Value Ad helps service providers expand their client base and build long-term relationships, which can lead to increased revenue and business growth.

Alternative Investment for New Businesses:

For new businesses, the significant cost savings achieved through the Value Ad policy effectively serve as an alternative investment. Instead of spending large amounts on website development and marketing, they can leverage the affordable services provided by service providers. The saved funds can be redirected into other strategic areas of the business, enhancing overall growth and sustainability.

Benefits for Service Providers:

Service providers benefit from the Value Ad policy by gaining access to a ready pool of new customers who are drawn by the discounted rates. This initial customer base is crucial for:

Building Traction: Demonstrating product or service viability to potential investors.

Securing Funding: Enhanced customer traction and a growing user base can make the service provider more attractive to venture capitalists and other funding sources.

Market Penetration: Establishing a presence in the market quickly and efficiently without heavy marketing expenditures.

In Summary:

Value Ad is a strategic policy designed to create a win-win scenario for both new businesses and service providers. By offering significant discounts on essential services, startups can save and reinvest those savings, while service providers gain crucial initial customers and market traction. This mutually beneficial arrangement supports the growth and success of both groups, making Value Ad a powerful tool for business development and investment.

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