Broxtowe Borough Council launches new round of Business Grants thanks to UK Shared Prosperity Fund (UKSPF)

25/06/25 - Thanks to funding through the UK Shared Prosperity Fund, Broxtowe Borough Council have launched the next round of SME business grants from the Broxtowe Business Growth Fund.

Local businesses can apply for £2,000 - £7,000 of funding, with up to 40% match funding required, to help support and grow Broxtowe SMEs.

Business can use the grants to contribute towards shop and business frontage improvements including signage, street scene or conservation area related initiatives. Environmental energy saving measures, disability access improvements or digital, productivity and ecommerce investments that improve productivity or create jobs.

Grants will be available for projects completed between 1 October 2025 and 31 March 2026.

Applications are now open and will close on 30 July 2025. Visit the business grants webpage to find out more and how to apply.

Portfolio Holder for Economic Development and Asset Management, Councillor Milan Radulovic MBE, said, “I’m delighted to be able to offer this next round of grants from the UK Shared Prosperity Fund to be able to help our local businesses. UKSPF funding has already done so much good for Broxtowe businesses and I can’t wait to see even more projects be completed that help to support our high streets.”

Businesses are advised to read the guidance for the grant scheme that they are intending to apply for, before downloading and completing the application form which can be found at www.broxtowe.gov.uk/ukspfbusinessgrants

The UK Shared Prosperity Fund is UK Government funding allocated through the East Midlands Combined County Authority; Broxtowe Borough Council has been allocated a total of £1,056,720 in 2025/6. Activity funded includes local business and skills support and a set of community grant-funded projects.


Contact
UK Shared Prosperity Fund Team