Enterprise Loans (ELEM) - East Midlands

Government-funded loans for start-ups and businesses looking to grow in the most deprived areas of the East Midlands

Published 20 March 2017
From:
Department for Business, Energy & Industrial Strategy
Type of support:
Finance, Loan
Business stage:
Not yet trading, Start-ups (1-2 years trading), Established
Industry:
Agriculture and food, Business and finance, Construction, Education, Health, Hospitality and catering, IT, digital and creative, Manufacturing, Science and technology, Service industries, Transport and distribution, Travel and leisure, Utilities providers, Wholesale and retail
Number of employees:
0 to 9 employees, 10 to 249 employees, 250 to 500 employees, More than 500 employees

How much you can get

£500 to £150,000

Who it’s for

New and existing businesses across the East Midlands, including disadvantaged groups such as:

  • unemployed people
  • people with low-incomes
  • people from ethnic minorities

What you can get

You can get loans to help with:

  • developing new markets
  • financial planning and advice
  • technical support for business related issues
  • new or improved ICT for business use to encourage e-commerce
  • the purchase of essential small capital items or secure services needed for the business to survive
  • improvements to premises to comply with health and safety and equality issues
  • competitiveness

Organiser

Enterprise Loans East Midlands Limited (ELEM)

Find out more on the First Enterprise website
Published 20 March 2017
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