Do you have a great business idea, product or service you want to launch in 2019?

Business Funding

At Simboc we have access to government grant funding to help your business develop a new product or service this year using our consultancy and support services.

The funding provides up to 40% towards support, consultancy and development costs, up to £24,999 for small value projects. And for larger projects, up to 30% towards the project costs to the value of £199,000.

To qualify for the funding, your business will need to meet certain eligibility requirements but the process is pretty simple and we will handhold you through the application. 

The ideal business will be a registered company in England, VAT registered (as the VAT cannot be funded and you will claim VAT back via your normal VAT processes) and serious about development and growth of your business.

Here are 5 eligibility requirements to consider:

  1. Be considered as an enterprise.

  2. Have its registered head office, as per its Companies House records, within England.

  3. Employ fewer than 250 persons (including full/part-time/seasonal employees, owner/managers, secondees)

  4. Have either an annual turnover not exceeding 50 million euro, or an annual balance sheet total not exceeding 43 million euro as evidenced by last approved annual accounts.

  5. Be no more than 25% owned by another company

DO YOU WANT TO LEARN MORE?

Simply complete the form below or drop us a quick email hello@simboc.com Our team can then arrange a follow-up discussion to answer any questions and advise you of the steps to applying for the funding.

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