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Finance

Kent & Medway Business Fund

The Kent & Medway Business Fund (KMBF) is offering three new products to help businesses recover from the coronavirus pandemic and return to growth. 

There are three different schemes running:

  • The Kent and Medway Business Fund (KMBF) Recovery Loan, providing 0% loans between £50,000 and £100,000 and available to help small and medium businesses recover and return to growth.  Expressions of interest (pre-applications) need to be submitted by 14 August 2020.
  • Loans of the same amount will be available through the KMBF Capital Growth Loan, allowing owners to, for example, buy plant and equipment or hire new staff.  Expressions of interest (pre-applications) need to be submitted by 14 August 2020.
  • Thirdly, the KMBF, which opens on August 17, offers 0% loans between £101,000 and £500,000 and is open to small and medium sized businesses (SME) in Kent and Medway.  The scheme will remain open to pre-applications until the funds are exhausted.

Visit the KMBF website for more information.

To read more about the launch of these products including details of a webinar on 10th August , click here.

Other funding programmes supporting business start-up and growth

The Kent & Medway Growth Hub carries information about grant and loan schemes available in Kent and Medway (not all of which necessarily apply to North Kent) - click here for more information.

Information about potential sources of funding for businesses can be found on other sites including Kent County Council and Medway Council.   Your local Economic Development team - see Latest information on Business Support services in North Kent for contact details - may be able to provide further signposting.