Starting a new business? Get 40% off our accountancy services for 3 months! 😀


Derbyshire Small and Medium Enterprises may be among those to benefit from government investment of £95 million, announced last November. The funding makes up part of the Regional Growth Fund worth £1.4 billion. The funding will be used to support companies looking for finance to invest in new capital assets. It is believed that the funding for SMEs will create a minimum of 4000 jobs and new investment worth around £50 million.

The fund supports businesses in areas which are mainly reliant on the public sector, projects which are set to create employment opportunities and are supported by private sector investment. SMEs which haven’t been able to access commercial funding for projects which are designed for the creation of jobs and capital investment will benefit from the new scheme. The grants will support local businesses to create and deliver growth to local communities, by helping SMEs to boost employment and invest in capital assets.

The distribution of the funding will be undertaken by NatWest, HSBC and RBS. To qualify for a share of the scheme which is being managed by RBS and NatWest, a company should have less than £25 million turnover. The HSBC requires SMEs to have less than 50 million euros in turnover. Companies which are considering applying for a grant should be considering investment in capital assets, like new machinery and plan to create jobs but not be able to obtain regular bank finance. It will be possible to secure a grant of up to half a million pounds which will run alongside a bank loan which has commercial terms.

Inline Feedbacks
View all comments

Read more posts...

June 2022 Client of the Month: Manea Kella

This month we spoke to Adrian Manea, architect and director at Manea Kella, a London based RIBA Chartered architecture and interior design…

Read More

Succession Planning for Business Owners: What Comes Next?

When you own a business, it’s extremely normal to feel like you’re surviving one day to the next – ‘winging it’, as…

Read More

The Accountancy Partnership – Our Positive Reviews

Here at The Accountancy Partnership, we’re proud of our customer reviews The reviews we receive from our customers show how hard we…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.


You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?


Call us on 020 3355 4047 if you’re not sure.