Business Grants
There are a number of grant schemes and support services in Salford aimed at helping you develop your business.
Salford's business liaison team can advise you about these and how to access them.see apply online below or telephone 0161 793 2803
Business security
Grants assistance is available throughout Salford towards the cost of security measures for commercial and Industrial premises.
- Security shutters, grilles and fencing
- Close circuit TV and lighting
- Installing alarm systems
- Access control
Applicants are required to have a mandatory security audit, conducted free of charge.
Who can apply? All Salford based businesses
Please note that you may download the application form and guidance materials below. However you MUST contact us for to arrange a free security audit BEFORE submitting your application using the contact information also provided below.
Salford loan fund
This fund is available to all existing or new Salford companies as a part of their funding package with new or current lenders. Money is available towards the cost of expansion, relocation and the purchase of capital items or working capital. Qualifying projects must create or develop employment opportunities.
Key features of the loan include:
- Up to £25,000 may be available
- Repayment period up to 5 years
- Interest rates are fixed between 9% to 12% p.a.
- Capital holiday repayments of up to 3 months may be negotiated
Who can apply? Individuals and small businesses in Salford.
For further information contact business@salford.gov.uk or telephone 0161-793 2803.
Selective finance for investment
BERR (Department For Business Enterprise & Regulatory Reform) Selective Assistance (RSA) and the Enterprise Grant Scheme (EGS) programmes in Salford have been replaced by Selective Finance for Investment will be delivered by the North West Development agency and can assist with the purchase of plant and equipment and associated building costs.
The amount awarded depends on:
- The impact that the project will have on the economy
- Growth in productivity
- Viability
- Need for grant
- The number of NVQ level 2 jobs created or safeguarded (not required for applications of £100,000 or less)
Eligible expenditure may include fixed assets such as:
- Equipment, plant and machinery
- Some associated one-off costs such as the acquisition of patents
- Associated site preparation and buildings
Who can apply? Any Salford based company with less than 250 employees or those relocating to the city (excluding retail).
The grant can offer between 7.5% and 15% of fixed costs depending on the size and location of the Company.
Further information can be obtained from North West Development Agency
Downloadable documents
- Application form (Microsoft Word format, 90kb)
- Business security grant scheme guidance notes (Microsoft Word format, 32kb)
- Security shutters and grilles guidance notes (Microsoft Word format, 32kb)
If you are unable to view documents of these types, our downloads page provides links to viewing software.
Who to contact
- Name
- Joanne Hall
- Address
- Business Team
Civic Centre
Chorley Road
Swinton
SALFORD
M27 5FJ - Telephone
- 0161-793 3428
- business@salford.gov.uk
This page was last updated on 23 October 2008
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