Key Fund: Investing for Growth Fund
The Sheffield City Region Investing For Growth (IfG) Fund aims to increase the number of social enterprises in the Sheffield City Region Local Enterprise Partnership area that are ready for growth, and can access the finance that they need. Part funded by the European Regional Development Fund (ERDF), via the Ministry for Housing, Communities and Local Government (MHCLG), this is a £3.3m project which will close on 30 June 2023.
The fund is focused on existing organisations based and/or substantially operating in the Sheffield City Region (SCR), which comprises Barnsley, Bassetlaw, Doncaster, Rotherham and Sheffield, who are looking to grow their trading activity.
In terms of support, eligible organisations can access some or all of the following:
- One to one growth support – business plan review and feedback, financial model analysis etc
- One to many growth support – workshops and masterclasses
- Growth grants – for capital expenditure from £5k to £25k
Click here to find out more.