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Carlisle City Council is providing local businesses with free access to its local business support and grant portal provided by Open4Business. This is tailored for the Carlisle area and includes local, regional and national schemes.

Business can also search for funding relevant to their size and sector. To use the portal, you will first need to register with Open4Business.

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HSBC Unveils £15 Billion Fund to Help SMEs Recover from Pandemic

Applications can be made at any time.

17 March 2021/Categories: Grants_and_Funding

HSBC’s £15 billion lending fund has been established to help small and medium-sized enterprises (SMEs) innovate, grow and achieve their future goals. It reflects the bank’s commitment to supporting businesses through economic uncertainty and recovery from the coronavirus (COVID-19) pandemic.

The fund, which includes over £10 billion of specific regionally focused allocations, will seek to ensure that companies throughout the country can benefit, supporting regional economies, employment opportunities and driving growth.

For those companies exploring opportunities overseas, there is a ring-fenced pot for international businesses of £2 billion. £1.2 billion has been set aside for the agriculture sector, £500 million for the technology sector and £500 million for franchise businesses.

SMEs in the UK, whether they are a start-up or established business, focused either on the domestic market or looking to trade internationally, may apply. Applicants do not need to be an HSBC customer to qualify.

Peter McIntyre, head of small business banking at HSBC UK, said:

'The £15 billion fund will help businesses to expand internationally and here in the UK, support key sectors and drive investment across regions.'

Applications can be made at any time.

Further advice and assistance with submitting an application may be sought directly from HSBC

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