fund launched to help businesses expand in Sedgemoor
District Council has announced plans to launch a new £1m
Business Accelerator Loan Fund in the district, which covers Burnham-On-Sea.
at supporting individual local businesses seeking to grow, the
fund will provide loans of between £50,000 and £350,000
to individual companies seeking to build new property within the
will be provided at competitive rates to assist firms to more
easily finance new construction, and with flexible terms to allow
for easier repayment and to encourage further investment,"
council spokeswoman Claire Faun told Burnham-On-Sea.com.
the loan scheme, the Council is seeking to encourage businesses
to build and invest in the local area, creating both new jobs
for local residents, as well as accelerating Sedgemoors
recent economic performance."
who meet the eligibility criteria online here
need to submit expressions of interest befiore Monday, 14th September