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Business support and funding
We're here to help you with your business. We work in partnership with the following organisations to help you get the support you need to help make your business a success and get the investment you need to expand.
Read and download our Business Support Guide which gives you all the information you need to find out how we can help you and the services we offer your business.
Below are a number of links to organisations and funders to help you make a success from your business.
Read our business support guide
Click on the centre circle to make the document full screenDownload our Business Support Guide
Starting a business and advice on expansion
We can help you find a property to help set up or expand your business. Click on the link below to go to our database of empty commercial properties in Allerdale.
Get as much advice as you can, before you set up your business. Speak to our colleagues at the Cumbria Growth Hub for more advice. They also do courses, networking events and can help you find the funding you need.
Why not also see if the New Enterprise Allowance scheme can help you.
The BEC Business Cluster (BECBC) is an organisation with members from SMEs to global companies with business interests in West Cumbria. BECBC member benefits include networking, promotion, knowledge sharing, specialist sector groups and relationship development with key stakeholders in the supply chain and Cumbrian economy.
Funding for your business
The Cumbria Local Enterprise Partnership is the key organisation through which the government provides money for economic development. The main business development organisations in west Cumbria is BEC.
Social Impact Investment Fund (SIIF)
We have a fund of £500,000 from which is provided by Sellafield to help businesses. The money supports the Social Impact Investment Fund (SIIF) and is available to all eligible businesses. In recent years the money has been awarded to a number of businesses to help them with their plans. And last month, we agreed a new approach to distribute the money.
Around a fifth of the total, will be available as grants to help new or fledgling businesses get off the ground. The grants will be for up to £10,000 each and applications can be made direct to us.
If you need more money for your plans or you don't meet the criteria for a grant, we're setting up loan scheme for amounts of up to £75,000. More details will be available on our website once everything has been set up.
And finally we're using £150,000 to go towards projects which support our Business Growth Plan. This sets out key initiatives to help local businesses with what they need to grow in key sectors like manufacturing and tourism.
If you need any help, just give us a call on 0303 123 1702 and ask for the Policy team.
Allerdale has a number of training organisations which can help to get your workforce the skills it needs to succeed.
- Lakes College
- University of Cumbria
- Centre for Leadership Performance
- Government support for apprenticeships
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