Companies urged to apply for cash

Businesses in the Hailsham area are being urged to make full use of the economic support provided by the East Sussex Rural Growth and Employment Fund to boost jobs locally.

“The second round of the East Sussex County Council’s Rural Growth and Employment Fund (RuGEF) will make £1.25 million available to support economic growth and job creation in the rural areas of East Sussex covered by Lewes, Rother and Wealden Districts,” said Councillor Roy Galley, Cabinet member for Economic Development and Regeneration at Wealden District Council.

“With successful projects expected to receive grants of between £25,000 to £100,000, it can provide vital support for much-needed economic expansion in Wealden.”

The RuGEF is part of ESCC’s Economic Intervention Fund programme.

In the first round, launched last October, 12 out of the 22 projects which applied for funding were successful. Four were Wealden-based organisations and the fifth was to the Prince’s Trust with projects across the whole county.

The four projects within Wealden included two run by Tomorrow’s People for the Heathfield Works! and Hailsham Works! schemes. These seek to help disadvantaged and isolated young people to find opportunities for jobs, training and further education.

The two other local projects were the Heathfield Partnership’s Business Incubator Units and the Apex Business Park, Hailsham, which is run by the Chalvington Group.

The RuGEF grants are aimed at developers and small businesses, with less than 50 employees. All projects will be required to have a minimum of 50% matched funding. The minimum grant or loan is £5,000. The closing date for applications is 31 May 2013. Applications will then be appraised by East Sussex County Council’s Grants and Loans Panel.

Full details and guidance notes can be found on the ESCC website – search under business grants - . Further information is available from the County Council, telephone 01273 482205.