New funding available for Cannock Chase businesses

Published: Tuesday, 17th October 2023
A new support package will streamline funding support for Cannock Chase businesses. It follows Birmingham City Council securing £7.4m of new grant funding to support SMEs in the region, funded by the UK Shared Prosperity Fund (UKSPF), which is a central pillar in the UK Government’s Levelling Up agenda, providing £2.6 billion of funding for local investment by March 2025.
One of the aims of the UKSPF, which is a fund set up to succeed and improve upon previous EU funding, is to simplify the funding process for businesses looking to access funds.