ACC 414 Lecture Notes - Regional Policy Of The European Union, Conditionality, Rural Development
Document Summary
There are a wide range of grants and subsidised loans available to uk businesses. Finance is available to help support business expansion, to provide funding for research and development, to support training initiatives, to help acquire new premises or refurbish existing buildings or to support international expansion. Whilst the provision of actual cash is usually the most important issue, grant aid help can come in many different forms. For example, certain grant agencies will provide assistance in finding investors, to help in generating new export leads or introducing experts to accelerate the development of new product ideas and strategies. The key factor in winning grants and subsidies is whether the funding results in the creation of jobs, especially in regional or local areas that particularly need them. Accordingly, we have set out below further detail on the main forms of regional grant aid currently available in the uk.