Funding

Funding 2018-10-13T10:18:06+00:00

There are various sources of funding available to businesses, start-ups and voluntary and community organisations from grants, loans to crowd funding.

Loans & Grants

Croydon Enterprise Loan Fund

The Croydon Enterprise Loan Fund is a growth programme designed to support businesses in Croydon to access finance in order to start or grow a business. The scheme is managed by London Small Business Centre and Enterprise for London on behalf of Croydon Council.
The Croydon Enterprise Loan Fund offer expert practical support to help businesses get ready to apply for finance. Since 2008 the loan fund has gone on to provide £3m of finance to over 300 local businesses that have received loans ranging from £1,000 to £50,000.

To find out more contact: keith.miller@enterpriseforlondon.com or call: 07515 051023.

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Coast to Capital Funding and Grants

Coast to Capital has a number of funding, grant and loan opportunities available to private sector and public sector organisations to support business growth in Croydon, East Surrey, Gatwick Diamond, Brighton & Hove, Lewes and West Sussex. This funding comes from our allocation from the Government’s Growth Deal and the European Structural & Investment Fund which both support business growth.

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Innovate UK Business Innovation

Guidance for business and academic organisations on what funding they can get to test ideas and develop innovative products and services.

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Crowd Funding

Spacehive

Croydon LIVE is also here to provide a platform for Croydon’s communities to develop, fund and launch their own projects to create and enliven fantastic new public spaces.

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European Funds

European Social Fund

The ESF is Europe’s main instrument for supporting jobs, helping people get better jobs and ensuring fairer job opportunities for all EU citizens. It works by investing in Europe’s human capital – its workers, its young people and all those seeking a job. ESF financing of EUR 10 billion a year is improving job prospects for millions of Europeans, in particular those who find it difficult to get work.

The European Union is committed to creating more and better jobs and a socially inclusive society. These goals are at the core of the Europe 2020 strategy for generating smart, sustainable and inclusive growth in the EU. The current economic crisis is making this an even more demanding challenge. The ESF is playing an important role in meeting Europe’s goals, and in mitigating the consequences of the economic crisis – especially the rise in unemployment and poverty levels.

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European Investment Fund

Our central mission is to support Europe’s small and medium-sized businesses (SMEs) by helping them to access finance. To this end, we aim at satisfying existing and future market needs by designing innovative financial products addressed to our partners (banks, guarantee, leasing and microfinance institutions, private equity and venture capital funds, among others), acting as our financial intermediaries.

By offering an Integrated Risk Finance Product Range of SME finance to our intermediaries, we complement the products offered by the European Investment Bank (EIB) with which we form the EIB Group.

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