Resources & Useful Links

Business Start Up

Resources and Useful Links

We will place useful links and resources on this page.

If you have any suggestions, please contact Lesley Robinson at LesleyR@cumbriachamber.co.uk

British Business BankStart-Up Loans

Start or grow your own business with the help of a government-backed Start Up Loan and free business support.

This is an alternative route for individuals looking for business loans to fund their start up.

More information at: https://www.startuploans.co.uk/start-up-finance/

Northern Powerhouse Investment FundNorthern Powerhouse Investment Fund

Whether you are an entrepreneur wishing to start your own business, an early stage or more established SME looking to grow you may find it difficult obtaining the finance you need.

Microfinance can be used to fill the funding gap for growth and development projects.

Microfinance is available for a wide range of purposes including filling gaps in working capital, funding expansion projects, leasing commercial premises and asset acquisitions.

More information at: https://www.npif.co.uk/funds-available/microfinance/

HMRC Forum For Start-Ups

An online forum for start ups and small business owners has been launched by HMRC. The Small Business Forum is divided into three categories: starting your business, growing your business and managing your business. Forum users can post questions about filing tax returns, paying tax and using HMRC’s digital services. The questions can be answered by HMRC advisers and other forum users.

Read more about the forum at: https://online.hmrc.gov.uk/webchatprod/community/forums/list.page

Start ups reminded of auto-enrolment duties

The Pensions Regulator (TPR) has issued an alert to remind new business owners about their pension duties. All new business start ups from October 2017 will have instant automatic enrolment duties once they take on a member of staff. TPR has launched a new online resource centre with advice, guidance and tools to help start ups comply with their auto-enrolment duties. Charles Counsell, Executive Director of Automatic Enrolment, said: “From October, as soon as you take on staff you will have duties towards them. Anyone setting up a business and taking on staff will need to work automatic enrolment into their plans.”

For further information, go to: http://www.thepensionsregulator.gov.uk/press/pn17-21.aspx

EAFRD Funding Available

A total of £4.3m of EAFRD funding is available to support projects throughout rural Cumbria.

There are currently three funding calls open;

Food processing

Grants to support food processing initiatives, increase innovation, export and business growth.

Download the Food processing Handbook (PDF)

Tourism infrastructure

Improving or developing new visitor attractions aimed at increasing overnight stays and tourist spend.

Download the Rural Tourism Infrastructure Handbook (PDF)

Rural business development

Supporting rural business growth including farm diversification, innovation, equipment purchase or premises improvements.

Download the Business Development Handbook (PDF)

Grants are available for up to £250k (minimum £35k) and there is a two stage application process. Usually for every £30k of grant, a new job would be expected to be created.

The information on each of the individual funding calls is attached in the links as well as information on the application process.

All  grant applications will be received, processed and successful contracts awarded by the Rural Payments Agency (DEFRA).

Further information available from corinne.watson@cumbria.gov.uk

Note: GH advisers are available to support businesses in producing applications (whether ERDF eligible or not).

Small Business Reputation and the Cyber Risk

Click here to view the Small Business Reputation and the Cyber Risk document

Avoid Under-Insurance

Click here to view the British Insurance Brokers’ Association (BIBA) guide to avoiding under-insurance for small and medium-sized businesses.

Brexit-Related Under-Insurance

In particular, the guide will support small firms that are vulnerable to the risks of under-insurance as a result of uncertainty following the Brexit vote, such as currency fluctuations and higher prices for imported goods.

In the guide BIBA recommends that small firms consider the effects of leaving the EU on their business and factor this into the amount of their insurance cover.

For further information please click here

White papers from Experian

A comprehensive range of resources tackling everyday business challenges.

Further Information

If you think that somebody from outside the United Kingdom might buy through your website, please check out our further information on Exporting.

Get in Touch

Contact us today for help and advice on starting or growing your business.

Tel: 0844 257 8450

Email: info@cumbriachamber.co.uk

    • European Regional Development Fund
    • Cumbria Chamber of Commerce
    • University of Cumbria
    • South Lakeland District Council
    • Borough of Barrow-In-Furness
    • Allerdale Borough Council
    • Carlisle City Council
    • Eden District Council