Act now to secure business cash help

July 4, 2023

Capital grants to help improve productivity and resilience are available to businesses in Herefordshire – but you will need to act quickly.

Applications for the UK Shared Prosperity Fund (UKSPF) Business Enterprise Fund for Herefordshire are now open. The project is a capital grant scheme paid for by the UK Shared Prosperity Fund which aims to help Herefordshire businesses increase their productivity and become more resilient through adopting new – to the business – technologies and processes.

Firms need to act quickly though, as the deadline for applications is August 4.

How much you can apply for

  1. Capital grants are available for businesses, up to 50 per cent of the total project costs.
  2. Minimum grant £1,000 – project costs must be at least £2,000
  3. Maximum grant £35,000 – project costs must be at least £70,000

Who can apply

  • Businesses located in Herefordshire
  • The trading activity and investment must take place within Herefordshire
  • Businesses that have been actively trading for more than six months

The money can’t be used for buying land or buildings, normal revenue costs, training or professional services, and is not available to farmers, who should apply for help through Defra.

For more information about the UKSPF Business Enterprise Fund and to start the application process, visit the Herefordshire Council website HERE.

Back to top arrow

The Marches Local Enterprise Partnership has now ceased trading and transferred all its functions to Shropshire Council working with Telford & Wrekin Council and Herefordshire Council, in line with the UK Government's plans for devolution.

The Marches LEP was established in 2011 and hands over an impressive legacy from its 13-year life. In that time the LEP invested over £196m in projects across the Marches, securing in excess of £100m of match funding and supported more than 66,000 business interactions.

The schemes supported have made tangible differences to local communities, increasing skills, creating jobs and improving the physical appearance of many towns.

We would like to thank all the LEP Board Members who have given their time freely over the life of the LEP, as well as all the staff who worked for the LEP over the years. We also want to thank our delivery partners, local education providers and local, regional and national stakeholders who helped us achieve so much.

The Marches Growth Hub will continue to support businesses and will be managed by Shropshire Council, supported by Telford and Wrekin and Herefordshire Councils. Each of the three Local Authorities will also continue to provide direct business support locally. Details of this support will be available through the Marches Growth Hub website and from the Local Authorities directly. Website: | email:

The Marches Careers Hub will continue to be delivered and will be managed by Shropshire Council, supported by Telford & Wrekin and Herefordshire Councils. Website: | email:

For any queries about Getting Building Fund (GBF), Local Growth Fund (LGF) and Marches Investment Fund (MIF) projects supported by the Marches LEP please contact:

For any finance queries please contact:

The solvent liquidation of the Marches LEP is being managed by the Evelyn Partners Limited. For any matter related to this please contact:

Skip to content