Finance
You may have a great business or business idea, and you may have brilliant staff but without adequate or appropriate funding in place you may still fail. We appreciate this and are able to offer access to a wide variety of funds and funding sources through our Investment Management Service which, we think, can meet the vast majority of business needs. Take a look at the funding that is available and if you are not sure whether something is appropriate to your needs, contact us and let us help you make the right choice.
Start Up Fund
The Liverpool Vision Start Up Fund has been created to encourage and stimulate new business starts across the city. The Start Up Fund provides up to £500 as a grant to support start up costs and is available to new businesses in the process of starting up within the Liverpool City Council boundaries, especially those under-represented in business such as women, ethnic minorities and those with disabilities.
To find out how to apply contact Business Link on 0845 00 66 888 and refer to the Liverpool Vision Start Up Fund.
FAB: Financial Assistance to Businesses
Liverpool Vision has expertise and information on various sources of commercial funding, loans and grants - including our own Financial Assistance to Businesses scheme.Liverpool Vision aims to stimulate the creation of local employment opportunities by encouraging businesses to undertake projects which will enable them to grow and thereby create jobs in Liverpool. It does this by providing flexible, discretionary financial assistance to part-fund projects that would otherwise not proceed.
Download the Financial Assistance
to Business Scheme FAB leaflet.
Download the Financial Assistance to Business
Scheme FAB application form.
MSIF: Merseyside Special Investment Fund
The Merseyside Special Investment Fund has secured £80 million for loans and equity investments along with management support to Merseyside businesses and businesses which may be relocating to the area.
Grant Finder: Liverpool Chamber of Commerce and Industry
Grantfinder from Liverpool Chamber helps you to find out what grants, loans and awards might help you. Access the Grantfinder now.
NWDA
The NWDA wants to support the region’s businesses and promote the Northwest as a suitable home for international businesses.
A healthy economy isn’t just about growth; it’s also about helping businesses weather financial storms, such as the current economic crisis. We do this through offering advice and financial support to businesses.
The Agency is investing heavily in the financial support it offers to businesses in the region, offering small loans for business as well as a transitional loan fund to help SMEs facing a temporary shortfall in their working capital. Our new Venture Capital & Loan Funding is due to be launched later this year, offering a combination of loan, equity and mezzanine funding to support business growth. And we have an innovative private equity investor network, Northwest Business Angels, who invest in new or expanding businesses. We also offer funding for business investment, innovation, R&D and resource efficiency.
The world has a fast-paced economy and the Northwest’s business landscape is constantly changing – and our businesses need to adapt to survive. To aid this, we also promote the development of business innovation and advancements in key business sectors.
The NWDA also promotes sustainable consumption & production in the region as well as supporting the region’s businesses to become corporately responsible.
Find Out More by visiting www.nwda.co.uk/finance
INNOVATION VOUCHERS
Innovation Vouchers are designed to help Northwest businesses owners, entrepreneurs and social enterprises to purchase an academic's expertise to develop innovation and enhance business
The key benefits are:
- Access the wealth of knowledge from our academic institutions
- Resolve a business issue, quickly, efficiently and through a source not previously utilised
- Easy to apply and 'spend' the voucher
The scheme provides a voucher up to £3,000 to new and growing businesses
and social enterprises and was set up to encourage and make it easier for
more people to engage with the knowledge base; in particular universities
and further education colleges.
A larger voucher of £7,000. to be matched with £3,000 from
the applying business, will be available at the end of 2009. This voucher
will be for businesses that need a bigger piece of work undertaken by the
Knowledge Providers, and where the piece of work would not be eligible
for other NWDA grants.
Applications for Innovation Vouchers will be accepted during a series of
Rounds:
6 April 2009 - 1 May 2009
3 August 2009 - 28 August 2009
7 December 2009 - 4 January 2010
200 x £3,000 vouchers
50 x £7,000 vouchers
5 April 2010 - 30 April 2010
200 x £3,000 vouchers
50 x £7,000 vouchers
2 August 2010 - 27 August 2010
For more information visit: www.nwdabusinessfinance.co.uk/innovation-vouchers
Charity Bank
The Liverpool Sefton Social Investment Bond is seeking business and private investors to purchase bonds that will help to regenerate North Liverpool and South Sefton by lending money to social businesses and charities for job-creating activities. The hope is that locally we can raise £5m to fund a loan scheme to lend to local social businesses to help them thrive and grow, creating jobs and contributing to sustainable regeneration.
Investors can make deposits with the Charity Bank - the only charity licensed to operate as a bank – which purchase bonds with a term of one to three years, carrying various rates of interest. At the end of that time, the capital can be repaid or you can decide to reinvest and go on helping local regeneration. Flexible, business-friendly loans of between £50,000 and £1,000,000 will be made to social businesses with good ideas and market prospects or which will create significant numbers of jobs. Investors will be able to see what their investment has helped achieve with regular updates and tours of funded projects and enterprises.
For further information or to request an application form, please contact the Charity Bank deposits team on 01732 774040, email enquiries@charitybank.org or visit www.charitybank.org.
The Capital, 39 Old Hall Street, Liverpool L3 9PP Telephone: +44(0)151 600 2900
Email: info@liverpoolvision.co.uk