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Wednesday , September , 30 2020
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Grants and External Funding

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Open 4 Business Portal

Open 4 business logo image

To support our businesses during the current COVID-19 crisis, and into the recovery phase, Carlisle City Council is providing free access to Open 4 Business. Open4Business is designed to support businesses locate relevant up to date funding opportunities.

The portal is updated regularly with new local, regional and national funding announcements and can be easily searched by businesses on the basis of their industry, region and business size. The portal then provides information on how to apply for funding and contact funders directly. To search for grants for your business you will first need to register on the Open4Business website

GO TO OPEN 4 BUSINESS

Grants and Funding News
16Sep

Launch of £25m Revolving Fund for SME Housebuilders

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Invest & Fund and Homes England have announced a seven-year partnership to create a £25 million revolving fund to allow Invest & Fund to support small builders grow and deliver more homes at pace.

The aim of the scheme is to give small developers easier access to finance to help deliver more homes and contribute to the UK Government's target to build 300,000 new homes a year.

Loans of between £400,000 and £2.5 million are available under the following terms:

  • Maximum Unit Gross Development Value (GDV) £800,000.

  • Up to 24 months.

  • Interest rate 6.65% + Bank of England Base Rate.

  • Arrangement fees of 2% and no exit fees.

  • For leasehold houses or flats, rent to be peppercorn.

Small builders in England and Wales can apply.

Applications can be made at any time.

More details can be accessed at:

https://www.investandfund.com/pages/broker.aspx#tab-3

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