Grants & Finance News - Love Business East Midlands

4th March 2021

BUDGET 2021: UHY NOTTINGHAM’S RESPONSE

Ian Dickinson, tax director at UHY Hacker Young in Nottingham, said: “The government’s announcement that East Midlands Airport is going to be granted freeport status – one of just eight places across the UK – is welcomed news for the region. It will bring

4th March 2021

Jones Homes secures Help to Buy Funding at developments in Nottinghamshire and Derbyshire

Jones Homes has secured Government funding aimed at supporting first-time buyers onto the property ladder.

4th March 2021

Derby accountancy and business advisors simplify Rishi Sunak’s 2021 Spring budget

THE extension of the Self-Employed Income Support Scheme (SEISS) to those who have previously been left out in the cold so far is a much-needed boost, says the co-founder of a Derby accountancy firm.

4th March 2021

Growth Hub welcomes Chancellor’s budget support for business

Leicester and Leicestershire’s Growth Hub has welcomed the measures announced in today’s budget by Chancellor Rishi Sunak.

4th March 2021

CBILS backing helps Notts business deliver 28 million PPE items to support frontline workers during the Covid-19 pandemic

A Nottinghamshire-based creative agency, which drew on its international export expertise to keep the nation safe during the COVID-19 pandemic, has successfully delivered more than 28 million items of personal protective equipment after securing a six fig

3rd March 2021

Budget Comment | Dr Nik Kotecha OBE

“The Chancellor had a tricky balancing act to walk, but it’s clear this year’s budget is all about supporting businesses and individuals in order to grow the economy.

3rd March 2021

Budget Reaction

Nicholas Smith, Director and Head of Tax at Duncan & Toplis

3rd March 2021

£25.2m investment for Staveley announced

Town leaders have welcomed a multi-million pound funding boost which will pave the way for significant regeneration in a former mining community in North Derbyshire.

3rd March 2021

Budget will help many with final push, but much more needed on employment costs and those overlooked, say small firms

Responding to the Chancellor’s Budget Speech in the House of Commons, Federation of Small Businesses (FSB) Development Manager Natalie Gasson-McKinley, said:

3rd March 2021

Cut employer costs to complement furlough extension, small firms urge

Responding to the announcement that the Job Retention Scheme (JRS) will be extended and sole traders with a 2019/20 tax return will be included in the next rounds of Self-Employment Income Support Scheme (SEISS) grants Federation of Small Businesses (FSB)

2nd March 2021

Budget 2021: East Midlands business leaders calling for fundamental changes to digital taxes and Business Rates

The government should expand digital taxes to cover a wider range of online sales according to a poll of over 1,000 business leaders by accountancy and advisory firm BDO LLP.

2nd March 2021

Pandemic and Brexit to trigger real estate ‘return on investment’ shift in East Midlands

Research by RSM has indicated that the pandemic and Brexit could act as catalysts for a shift in commercial real estate returns on investment in favour of the East Midlands.

2nd March 2021

FURLOUGH EXTENSION AND VAT REDUCTION: EAST MIDLANDS FIRMS’ BUDGET WISHLIST REVEALED

East Midlands SMEs are calling on the Chancellor to announce an extension to the furlough scheme when he delivers his Budget tomorrow, according to the latest data from Lloyds Bank’s Business Barometer research.

2nd March 2021

INVESTING IN RADICAL SUPPORT FOR WOMEN FOUNDERS

Two Nottingham entrepreneurs have received a cash boost for their company so they can support even more women to set up and grow their own business.

2nd March 2021

Asset Intelligence Announces Line-up for 2021 Investment Conference

Asset Intelligence, the Leicester-based financial consultancy, today announces the speaker line-up for its annual investment conference, now in its fifth year, held in association with the School of Business at the University of Leicester.

1st March 2021

MERRITTS INVEST £400k ON NEW 58 TONNE CAPACITY PICK AND CARRY CRANE

Having already invested in a new £380k on a new Nooteboom trailer and Versa-Lift 40/60 forklift, heavy machinery moving specialists, Joseph Merritt Group PLC, has just taken delivery of a new fully electric cabin cruiser crane.

1st March 2021

New £5billion business grants will provide much-needed lifeline but suppliers likely to need additional help, say small firms

Responding to news that the Government will issue £5billion of new grants to businesses in England, FSB Development Manager Natalie Gasson-McKinley said:

1st March 2021

DERBYSHIRE DUO EXPAND BEER BREWING BUSINESS

Ripley-based Pentrich Brewing Co has received a £150k investment to help expand its production of cask beers. The funding was provided by the Midlands Engine Investment Fund (MEIF) through First Enterprise – Enterprise Loans.

1st March 2021

LEICESTERSHIRE GIN DISTILLER SECURES £250,000 MEIF FUNDING TO BOOST GROWTH

A Leicestershire gin distiller business has secured a £250,000 investment to scale-up its operations and create new jobs.

1st March 2021

LINCOLNSHIRE CHOCOLATIER SECURES £250K BOOST TO MEET INCREASING DEMAND

A Stamford based chocolatier business has secured a £250,000 MEIF loan to help meet increasing demand for its products from the UK and overseas. This is alongside boosting its marketing campaigns to drive sales in 2021.

1st March 2021

DERBY MANUFACTURER SECURES £100K BOOST TO CREATE NEW JOBS

Derby-based manufacturer, Complexia, is set to expand and create seven new jobs following a £100,000 investment.

1st March 2021

Cherwell Valley construction firm to build B2B portfolio following £225k funding boost

HNB Construction Services Ltd (HNB) has secured a £225k loan from the Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners (Maven), backed by the Coronavirus Business Interruption Loan Scheme (CBILS).

26th February 2021

Vital funding for community groups confirmed

Community groups in Chesterfield are set to benefit from more than £30,000 of funding that has been provided through the Community Infrastructure Levy Neighbourhoods Fund.

25th February 2021

BUSINESS CONFIDENCE SURGES IN THE EAST MIDLANDS

Business confidence in the East Midlands rose 18 points during February to 10%, according to the latest Business Barometer from Lloyds Bank Commercial Banking.

25th February 2021

Decision on unique inland freeport expected imminently

A decision on the unique inland Freeport bid, submitted by the LLEP and D2N2 Local Enterprise Partnerships on 5 February 2021, is expected imminently. The LLEP and key stakeholders, including local authorities and businesses, are excited about the economi

25th February 2021

£6.4m warehouse underway at Wakefield Hub

Regional contractor G F Tomlinson has commenced works on a new 65,000 sq. ft. warehouse at Wakefield Hub for Newmarket Lane Ltd, a joint venture between developers HBD and Yorkcourt.

25th February 2021

First Enterprise – Enterprise Loans Supports Hundreds of Businesses During Coronavirus Pandemic with £7m Lending Milestone

First Enterprise – Enterprise Loans are delighted to announce that a record-breaking number of business loans have been provided to support businesses during the coronavirus pandemic.

25th February 2021

NEW EURO TARIFFS AND CHARGES – AND HOW TO MAKE SURE YOU’RE NOT PAYING TOO MUCH

Leaving the EU and its former trade deals has meant that there has been an explosion of new regulations, tariffs and ways of reporting to Customs and HMRC to contend with, and many more still yet to come as deals are negotiated and confirmed.

24th February 2021

BELMAYNE JOINS TASKFORCE TO AID THE VULNERABLE

Dronfield-based chartered financial planners, Belmayne, are supporting an industry-wide initiative to recognise vulnerability and ensure all consumers receive high quality advice.

24th February 2021

Chesterfield businesses encouraged to check eligibility for grants

Chesterfield businesses are being urged to check if they are eligible for business grants which can help them cover costs during lockdown.

24th February 2021

Digital health checks help businesses do more with technology

Adopting digital solutions can mean better customer experiences, improved productivity, enhanced security and more, but knowing where to start can be a stumbling block for many business owners.

24th February 2021

Support grows for East Midlands Freeport Bid

Nottingham and Derby City Councils support bid for East Midlands Freeport

23rd February 2021

ASPIRING ENTREPRENEUR LAUNCHES SUCCESSFUL ORGANIC SKINCARE BUSINESS THANKS TO START-UP LOAN

A De Montfort University criminology graduate has secured a £4,800 start-up loan from First Enterprise – Enterprise Loans to turn her passion for organic skincare into a successful business.

23rd February 2021

BDO calls for targeted tax incentives to boost Midlands manufacturing

Two thirds of manufacturers (65%) would commit to greater investment in the regions if incentives for capital expenditure were increased, a new survey from accountancy and business advisory firm BDO has found.

22nd February 2021

Sizeable Grant Brings Sinfonia Viva Plans A Step Closer

Sinfonia Viva, the Grammy-nominated Orchestra of the East Midlands, is forging ahead with plans to bring high quality music back into the lives of thousands of people thanks to a major grant from one of the most respected charitable institutions in the UK

22nd February 2021

Budget predictions

Nicholas Smith, Director and Head of Tax at Duncan & Toplis. Looking back at last year: One thing we learned from last year’s budget is that the response to COVID-19 will dominate everything.

22nd February 2021

Fabrikat deal lights the way

The two owners of leading steel fabrications business, Fabrikat, the UK’s leading independent designer and fabricator of lighting columns and guardrails, recently sold the business to a Management Buy-Out (MBO) team in a deal funded by Duke Royalty Limite

22nd February 2021

Erewash Borough Council and Beeston-based J Tomlinson set to transform one of Ilkeston’s most distinctive buildings

A major renovation scheme that is expected to create over 90 local jobs and increase local productivity has commenced in Ilkeston, Derbyshire.

22nd February 2021

Top Midlands IT company sponsors DIS

Leading IT and telecoms company Wytech has become the latest sponsor of the Derbyshire Institute of Sport (DIS).

22nd February 2021

£500,000 support boost for Derbyshire and Nottinghamshire manufacturers

Small to medium-sized manufacturers in Derbyshire and Nottinghamshire have received a £500,000 support boost to help them overcome challenges and make the most of new opportunities.

19th February 2021

Accountants help East Midlands businesses access over £2.9 million in R&D tax credits

Companies in the East Midlands have accessed more than £2.9 million in tax credits to support R&D with the help of Duncan & Toplis.

19th February 2021

SWEET TASTE OF SUCCESS FOR MIDLANDS BAKERY

A Midlands-based artisan doughnut bakery has been named a Small Business of 2020 by Lloyds Bank, after growing its annual turnover by three hundred per cent last year.

19th February 2021

£290,750 award for Nottingham Playhouse’s community work

Nottingham Playhouse has successfully secured funding from the Garfield Weston Foundation’s Weston Culture Fund, with much-needed cash going towards free participation projects, and the creation of a new community and gallery space.

19th February 2021

BGF invests £4.25m in Derbyshire house builder

Woodall Group, the owner of Midlands house builder Woodall Homes, has received a £4.25 million investment from BGF, the UK’s most active growth capital investor. Funding will be used to support the accelerated acquisition of land in prime locations, to un

19th February 2021

Bridge Help launches new co-funding division

Chesterfield-based commercial bridging loan company, Bridge Help has launched a new co-funding division of the business.

16th February 2021

£290,750 award for Nottingham Playhouse’s community work

Huge win for theatre’s community and participation work

12th February 2021

Coming soon…

Love Business News is set for a major relaunch in 2021 as we continue our quest to give businesses in the Heart of the Midlands – Derbyshire, Nottinghamshire & Leicestershire – a voice.

4th January 2021

Vital work to put heritage at the heart of Nottingham

A panel set up to support and protect Nottingham’s heritage treasures has been looking back at its achievements as the city approaches a new year.

24th December 2020

£25m Staveley Town Deal Submitted to Government

Ambitious plans for the Staveley area worth over £25m have been submitted to the Government for approval as part of its Town Deal programme

19th December 2020

Sygnature Discovery invests £3m to expand high-throughput screening and translational oncology capabilities

Sygnature Discovery, a leading independent integrated drug discovery and pre-clinical contract research organization, is strengthening its high-throughput screening (HTS) and translational oncology service-offerings by investing £3 million in new instrume

19th December 2020

Let the Bells Ring Out For Christmas!

Britain’s last remaining bellfoundry saved with £3.45m National Lottery funding

18th December 2020

New Centre of Excellence at Chesterfield College to receive £500,000 from D2N2 Local Enterprise Partnership

A new Centre of Excellence focusing on modern construction and digital technologies will be built at Chesterfield College after the scheme was awarded a £500,000 grant from the D2N2 Local Enterprise Partnership (LEP).

14th December 2020

Chesterfield College helps employers access £2 billion of government funding to recruit young people

Chesterfield College is helping employers make the most of government funding to grow their workforce and help young people into employment.

7th December 2020

Derby manufacturer secures £100K boost to create new jobs

Derby-based manufacturer, Complexia, is set to expand and create seven new jobs following a £100,000 investment.

4th December 2020

Chevin Fleet Solutions to create 20 new jobs following £1.5m MEIF boost

Derbyshire-based fleet management software provider has secured a £1.5m funding boost to develop its cloud-based product and create 20 new skilled jobs.

3rd December 2020

Digital Turbine Centre secures D2N2 funding

A new Digital Innovation Centre showcasing the latest in augmented and virtual reality and 5G-related innovations will be created at Nottinghamshire County Council’s Worksop Turbine centre.

1st December 2020

Mansfield housing development awarded D2N2 funding

The Lindhurst Development in Mansfield has been awarded a £3 million grant from the D2N2 Local Enterprise Partnership.

27th November 2020

App founded by NHS surgeon secures million pound seed investment

MediShout, the app for frontline hospital staff to resolve facilities and equipment issues, has closed a £1 million seed round from Venture Capital fund Episode 1, supported by law firm Shakespeare Martineau.

23rd November 2020

Cooper Parry reports double-digit growth for FY20 and the first half of FY21

For the year ending 30 April 2020, Cooper Parry’s continuing business revenue grew organically by 10% to £31m, with average partner profits increasing by 22%.

22nd November 2020

Family-run childcare group secures Top-Up support package from Lloyds Bank

An independent childcare provider in Leicester is keeping its doors open after receiving funding from Lloyds Bank via the Government’s Bounce Back Loan Scheme Top Up, launched on Tuesday 10th November.

21st November 2020

Monkey vs Owl Expands Residential Lettings Online Capabilities

Fast-growing residential lettings company Monkey vs Owl (MOVO) has expanded its online platform to provide a national service for property landlords.

20th November 2020

Media students’ work helps Mansfield prepare for cash boost

Media students from West Nottinghamshire College have played a key role in highlighting ambitious plans for redeveloping Mansfield district.

20th November 2020

Russell Roof Tiles reveals investment in tech

Burton based Russell Roof Tiles (RRT) has revealed the extent of its investment in technology over the past 12 months, as part of its continued commitment to increasing production efficiencies and strengthening its customer service.

18th November 2020

BGF backs fast-growth ecommerce business

BGF – the UK’s most active growth capital investor – has invested £8 million into Leicestershire-headquartered UK Flooring Direct to support its ongoing growth ambitions.

2nd November 2020

Small Business Leadership Programme: Available fully funded from the University of Derby

Provided 'free of charge' as part of a £20m business support package the programme will help small businesses recover from the impact of COVID-19.

26th October 2020

Leicester software firm raises £950k in second funding round

A Leicester businesswoman whose software platform helps companies to manage rebate and incentive schemes has raised a further £950,000 from investors.

17th October 2020

Sinfonia Viva Pledges Support To Freelance Family Following Grant Announcement

Grammy-nominated Sinfonia Viva, which is based in Derby and the only professional orchestra in the East Midlands, has secured support as part of the Government’s £1.57 billion Culture Recovery Fund (CRF).

16th October 2020

Lockdown opens doors to growth for Mansfield manufacturer

A Nottinghamshire performance doorset manufacturer is set to grow revenues by £2million this year thanks in part to a £400,000 investment in new machinery, backed by Lloyds Bank.

15th October 2020

Businesses urged to back £4.25m planetarium plans

Businesses across the East Midlands are being urged to support plans to create a new £4.25m planetarium and science discovery centre which aims to inspire interest in STEM learning and careers.

14th October 2020

Chesterfield Borough Council - Chesterfield Theatres and Chesterfield Museum receive lifeline grant from Government’s £1.57bn Culture Recovery Fund

Chesterfield Theatres and Chesterfield Museum have been awarded more than £400,000 as part of the Government’s £1.57 billion Culture Recovery Fund (CRF) to help face the challenges of the coronavirus pandemic and to ensure they have a sustainable future;

13th October 2020

Loughborough Bellfoundry Trust receives lifeline grant from Government’s £1.57bn Culture Recovery Fund

The Loughborough Bellfoundry Trust is one of 445 heritage organisations across the country set to receive a lifesaving financial boost from the government, thanks to the £1.57 billion Culture Recovery Fund to help them through the coronavirus pandemic.

13th October 2020

Leicester businesswoman raises £950k in second funding round

A Leicester businesswoman whose software platform helps companies to manage rebate and incentive schemes has raised a further £950,000 from investors.

9th October 2020

Chesterfield Borough Council - Chesterfield secures funding to deliver Green Homes

Chesterfield Borough Council has secured £500,000 of funding to enable energy efficiency improvements for local residents.

7th October 2020

Silverstone experience receives £250k National Lottery support to help with impact of COVID-19

The Silverstone Experience has received £250k from The National Lottery Heritage Fund to ensure it is able to remain open during the winter and continue its mission of preserving the heritage of British motor racing.

6th October 2020

Round Corner Brewing, the business that ‘can’

Melton Mowbray based Round Corner Brewing is set to double its output this year thanks to a grant from the Business Gateway Growth Hub and its ability to adapt the production of its world-class craft beers during the Covid-19 crisis.

6th October 2020

Leicester cinema prepares for lights, camera, action with Lloyds support

Phoenix Cinema in Leicester is preparing to re-open its doors after receiving support from Lloyds Bank, as part of the Coronavirus Business Interruption Loan Scheme (CBILS).

6th October 2020

Nottingham city centre school gets £2.5k donation from The Island Quarter

A Nottingham primary school in Sneinton has been provided with much-needed funds to support children with online learning, after the developer behind The Island Quarter www.theislandquarter.com site donated £2,500.

5th October 2020

D2N2 announces funding for wave of projects across the region in wake of economic downturn

£5.75m will be invested in seven projects designed to improve skills and create jobs

3rd October 2020

Young people unbox their futures across Leicestershire

One thousand five hundred young people in Leicestershire will benefit from an innovative careers package delivered straight to their homes.

30th September 2020

D2N2 allocates funding towards redevelopment of Ilkeston’s Toll Bar House

Local Enterprise Partnership for Derby, Derbyshire, Nottingham, and Nottinghamshire awards £425,000 to the project

25th September 2020

Plastic moulding firm to pursue growth after £250,000 loan from MEIF

Nottingham-based firm will use the funding to progress growth plans A Sandiacre (Nottingham) firm specialising in plastic and metal injection moulding has secured a £250,000 from the MEIF Maven Debt Finance. H.P.M Limited (HPM) will use the funding pac

24th September 2020

Chancellor outlines winter economy plan in response to latest coronavirus developments.

Chancellor Rishi Sunak today outlined additional government support to provide certainty to businesses and workers impacted by coronavirus across the UK.

23rd September 2020

YMCA Community and Activity Village to benefit from D2N2 investment

22nd September 2020

Disability Direct receives £100,000 COVID relief grant

Disability Direct has received £100,000 from Barclays Bank’s Covid-19 Community Aid Package as recognition of its impact during the crisis.

21st September 2020

£500,000 AUTOMATION INVESTMENT DRIVES SIGNIFICANT SAVINGS AND EFFICIENCIES FOR OPUS TRUST CUSTOMERS

Opus Trust Communications, the omnichannel communications specialist based in Leicester, has enhanced its digital capabilities following a significant investment in intelligent digital mailroom solutions.

22nd July 2020

Broker launches new vehicle management division

Financial services broker, Midlands Asset Finance (MAF), has announced the creation of its new vehicle management and leasing division.

10th July 2020

New Trainee and Apprentice bonuses – a guide from Access Training

The new Trainee and Apprentice bonus schemes announced on 8 July 2020 by Chancellor Rishi Sunak are welcome news for employers and young job seekers alike.

10th July 2020

Leicestershire and Rutland Community Foundation delivers more than £500,000 in emergency grants

Leicestershire and Rutland Community Foundation (LLRCF) has delivered a staggering £552,719.50 in emergency grants to charities, voluntary groups and community organisations during the coronavirus pandemic.

8th July 2020

Another lifeline for business owners

Chancellor Rishi Sunak today announced further support for employers affected by coronavirus, in the form of a Job Retention Bonus.

1st July 2020

Glenrose supports Rolls-Royce workers with complimentary financial advice

Derby-based Glenrose Financial Planners has offered to support Rolls-Royce workers potentially affected by redundancy by providing complimentary one-to-one consultations to help them plan their finances.

23rd June 2020

Glenrose launches new online financial advice service

Derby-based Glenrose Financial Planners has launched a new online financial advice portal as part of its strategic plans for growth.

4th June 2020

Charnwood launches specialist sports advisory arm for athletes

Charnwood Accountants & Business Advisors LLP recently launched a new specialist advisory arm, Loughborough Finance for Sport, to support athletes and sports-related businesses with their accounting needs.

14th May 2020

Mercia invests over £11m during lockdown

Mercia Asset Management, which is one of the most active investors in regional SMEs, has invested over £11m in the seven weeks since the lockdown began.

6th May 2020

Leicester-based HR software firm secures £775k to build its client base

StaffCircle – the Leicester-based HR software company – has raised a further £775,000 to build its sales and marketing team and expand its client base.

4th May 2020

COVID-19 Bounce Back Loans Scheme

The bounce-back loans scheme specifically targets small and micro businesses in all sectors, providing loans from £2,000 up to 25 per cent of their turnover with a maximum loan of £50,000.

1st May 2020

Investment Boosts Nottinghamshire Engineering Start-up

A NOTTINGHAMSHIRE-based engineering consultancy has received a six-figure sum investment from Enterprise Loans East Midlands through the Midlands Engine Investment Fund.

28th April 2020

Broker firm launches new scheme to help the NHS

Financial services broker Midlands Asset Finance (MAF) has announced the launch of its new ‘Help to Supply’ scheme.

27th April 2020

Chamber welcomes new coronavirus ‘bounceback’ scheme

Chancellor Rishi Sunak has today confirmed the introduction of a new ‘micro-loan’ scheme to help small businesses hit by the coronavirus crisis.