CASE STUDY: sources of funding
The brief was to identify funding opportunities for a small business which was looking to grow.
The business owner wanted to expand their company premises to enable them to deliver more services and help grow their business. Although the company had access to some funding, they needed to secure further funding.
Because the expansion plans meant that more people would be employed, the business owner was introduced to a New Anglia Growth Hub Adviser, who had in-depth knowledge of the New Anglia Growing Business Fund.
This fund gives grants of between £5,000 and £500,000 – up to 20% of the value of a project.
For every £10,000 grant given, at least one person needs to be employed by a company.
As the business owner's plans met the criteria of the Growing Business Fund, she secured significant funding to expand her business.
Testimonial (from former employer)
"Emma Finn secured £1 million sponsorship from Yellow Pages, on behalf of the Metropolitan Police. This was a huge achievement which enabled 33,000 Neighbourhood Watch street signs to be replaced across London and information material to be distributed to households over a 4 year period; all helping to ensure greater safety in our community. The core design of this project has recently been replicated for the London wide MetTrace initiative.
Emma's expert knowledge and skills in business engagement, marketing and fundraising delivered this major project for the Metropolitan Police."
Harvey Pitchford, Commercial Manager at Metropolitan Police