Economic Development Business News

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Grants For Businesses to Install Electric Vehicle Charging Points

Grants available to SMEs in the UK to help with the costs of installing electric vehicle (EV) charge points for their operations and staff. Grants are intended to support SMEs in the UK with the costs of electric vehicle infrastructure and charge points on their business premises. Grants are up to £15k are available and a business can apply for up to 5 grants. If you would like further information, please complete the get in touch form linked below and state your interest in the EV charging grant.

For More Information and to place an enquiry by: Click here




UK Government: Innovation Loans


New Round of IUK’s Innovation Loans Future Economy Competition Launched

Innovate UK is offering loans between £100,000 and £2 million to help micro, small and medium-sized enterprises (SMEs) overcome barriers to their innovations becoming a successful, commercial reality. The aim is to make a considerable economic impact which results in significant, sustainable business growth. Loans are for highly innovative late stage research and development (R&D) projects with the best potential for the future. There should be a clear route to commercialisation and economic impact.

Deadline for applications is 9 November 2022.

Competition overview - Innovation Loans Future Economy Competition – Round 6 - Innovation Funding Service

For more information and to apply: Click here



Federation of Small Businesses


Have you entered yet?

Entries are open for the free FSB Celebrating Small Business Awards 2023. Whether you’re an innovative start-up, a forward-thinking sustainable business, or running a successful larger small business, we want to hear from you!


With 12 categories to choose from, including three new awards for 2023, you’ll find one to suit your business. Winners from each of the 12 geographical finals will secure a spot at the prestigious UK Final, meaning it’s an opportunity for national recognition. Being shortlisted as a finalist is a remarkable achievement and a fantastic chance for publicity and exposure.

It’s quick, free and open to all small businesses, so what are you waiting for?

For Entry and More Information: Click here


Somerset Social Enterprise Network: October Bulletin

It’s Somerset Arts Weeks until the 9 October, and what a fabulous variety artists… see Somerset Art Works in this month’s Member Spotlight.
A change in the weather also brings conference season with plenty going on in the Arts and Food areas. There are also new programmes of support for entrepreneurs, an important public consultation about Local Community Networks that could affect your business and lots around climate resilience.
Our members are also busy, see the noticeboard for their news, events and offers, and of course, don’t miss our monthly Networking meeting in October to meet others and share your news and views…
For grants, news, events, grants, jobs and more... Click here




Skill Up Somerset is an Apprenticeship and Skills Advisory Service

We support the businesses and people of Somerset with their Apprenticeship and Skills journey.

We offer free, impartial advice and guidance.

We want to support you with the challenges your business may face with recruitment and skills gaps, help you to progress in your career or even make those first steps in gaining or returning to employment.

To find out more: click here

HotSW LEP: Heart of the South West Business Support


To find out more: click here


Spotlight on Food And Drink:

SALSA accreditation at Food WorksSW, Weston-super-Mare, Tuesday 18th October- OPEN TO ALL BUSINESSES IN SOMERSET WEST AND TAUNTON AREA

We are holding a workshop on SALSA accreditation on Tuesday 18th October at the Food Works Centre 10am -12:30pm.  The speaker will be Jignesh Parekh, Technical Manager at Food and Drink Forum and a registered SALSA mentor and auditor.


This will cover the scheme basics, what’s involved, what will businesses need to do, timescale to get accredited and Jignesh will be talking through his role as an auditor and what auditor are looking for during an audit as well as sharing common problems which we hope will be useful to those looking to get started on the scheme.


We will also have a small business who has recently passed their audit speaking on their experience of going through the process.


If interested in attending following link  or contact the team on  tel 01934 315381.

FAO: Wellington Businesses


Somerset Economic Futures: Engagement Opportunities

The ‘Somerset Economic Futures’ work has been commissioned by Somerset County Council in partnership with Somerset’s District Councils to develop a series of potential future economic scenarios for Somerset over the next 5, 10 and 25 years.


The aim is to develop a range of evidence-based scenarios, exploring the impact of adopting differing economic development priorities and how this might affect Somerset’s short- and longer-term outcomes.


How will Somerset respond to and make the most of global and national challenges – from climate change and public health crises to a rapidly ageing rural population, to transformational technological progress through to local opportunities through the forming of the new Somerset Unitary Authority, Hinkley Point C and challenges around, for example flooding, coastal erosion, and large rural poorly connected areas?


A comprehensive review of local, regional, national and global priorities and identification of Somerset’s strengths, issues of concern, opportunities and challenges has been completed. Information collated from this stage has been used to stimulate development of the initial scenarios.


We are now opening this up to wider engagement and discussion. If you are interested and would like to comment please review the document and respond to the questions posed. You can join a discovery workshop on 20th October where the emerging scenarios will be presented, tested, and discussed, to allow for further development and refinement – the deadline for responses to the engagement questions is 31 October 2022.


To register for a workshop please visit the Somerset Futures website at: